Reported about 13 hours ago
US Treasuries gained as a Federal Reserve official suggested a potential interest-rate cut could occur soon, driven by safe-haven demand following tensions in the Middle East. Although global bonds initially dipped due to fears of oil supply disruptions, the decline in oil prices alleviated some concerns. Traders have increased bets on a rate reduction, with the 10-year Treasury yield falling to 4.31%. Fed officials are cautiously optimistic about inflation, triggering market speculation about interest rate movements in the upcoming meetings.
Source: YAHOO