Reported 2 days ago
The U.S. Treasury market concluded 2024 with a modest gain as inflation gradually decreased and the Federal Reserve implemented three interest rate cuts. Despite early projections indicating potential losses, a shift in inflation trends and the Fed's rate adjustments led to a recovery in Treasury yields, resulting in the 10-year note exceeding two-year yields for the first time since 2022. Analysts anticipate further declines in short-term interest rates and a slight drop in 10-year yields for 2025.
Source: YAHOO