Many investors appear to be positioning for a speedy outcome to the presidential contest

Despite the steep stock-market selloff Monday, investors appear to be positioning for a speedy outcome to the presidential contest and dwindling volatility through the end of the year.
U.S. stocks, particularly those in sectors most sensitive to higher economic growth, have ascended in October, while Treasury yields have jumped as bond prices have fallen. Bets on volatility falling through the end of the year in the derivatives market picked up, after months of investors positioning for rocky markets into January.
Value…