Reported 5 days ago
Recent unexpectedly high CPI inflation figures have caused significant volatility in the Treasury market, altering projections for early 2025 interest rate cuts. RBC Capital Markets' Blake Gwinn notes that despite some hope for a normalization in inflation adjustments, the latest data has unsettled markets and even the Federal Reserve, indicating that rate cuts may not be feasible as early as March or May.
Source: YAHOO