Reported about 9 hours ago
As uncertainties loom over the Federal Reserve's potential interest rate cuts, bond traders are adopting a defensive stance in a volatile market. Recent weak labor figures and persistent inflation have caused investors to reassess the likelihood of rate easing, with yields reaching highs not seen since July. Major asset managers recommend focusing on medium-term bonds, like five-year Treasuries, as a safer investment amid potential economic shocks and fluctuations leading up to the U.S. elections.
Source: YAHOO