Reported about 1 month ago
Bond traders are grappling with uncertainty as they anticipate the Federal Reserve's interest rate cuts, set to commence in mid-September 2024. While some believe the Fed will need to lower rates aggressively, others argue the bond market has already priced in too much optimism. Recent economic indicators, including a slowdown in job growth, add to the complexity, as traders navigate contrasting outlooks on both short and long-term Treasury yields. As the market adjusts, the question remains on how quickly and deeply the Fed will act to ease monetary policy.
Source: YAHOO