Bond traders bring forward first Fed rate cut to November
Bond traders have brought forward expectations for the timing of the Federal Reserve's first interest rate cut by one month to November; the US will release employment data on Friday. This repricing came after the latest policy meeting of the Federal Reserve on Wednesday, during which short-term US Treasury bonds experienced their largest two-day rise since January. The yield on the most interest-sensitive two-year Treasury bond has fallen 17 basis points from its year-to-date high of 5.04% on Tuesday to 4.87%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Former Celsius CEO Alex Mashinsky waive rights to bankruptcy distributions from the defunct firm
Ripple Mints 13 Million RLUSD As Market Cap Nears $500M Milestone
KindyMD Boosts Bitcoin Strategy with $51.5M Funding
KindyMD and Nakamoto Holdings secure $51.5M more in PIPE funding, raising total to $763M to support a Bitcoin treasury strategy.A Strategic Bet on BitcoinBuilding a Bitcoin-Native Future
Is Qubetics the Best Coin to Buy Today, While Bitcoin Trades at $105K and Immutable X Falls 18.56% This Week?
Qubetics advances its crypto presale as the best coin to buy today, while Bitcoin trades at $105K and Immutable X falls 18.56% this week.Qubetics Introduces Non-Custodial Multi-Chain Wallet for Maximum ControlBitcoin Trades Steady Near $105,000 as Corporate Treasury Buys ContinueImmutable X Slides 18.56% This Week, While Trading Volume Drops SharplyConclusion: Practicality and Presale Security Define the Best Coin to Buy Today
Trending news
MoreCrypto prices
More
