Reported about 19 hours ago
Amid expectations that the Federal Reserve will maintain steady interest rates, investors are distancing themselves from long-term US Treasuries. This shift is influenced by reduced recession fears and concerns over President Trump's tax and spending proposals, which are projected to escalate the deficit. While some analysts predict potential rate cuts later this year, many are cautious about longer-duration bonds given current market volatility and fiscal uncertainties.
Source: YAHOO