Reported 7 months ago
Following weaker-than-expected inflation data, bond traders are anticipating a potential interest-rate cut by the Federal Reserve as early as September. This shift has led to significant gains in the bond market, with expectations for rate reductions in November and December also increasing. The recent flat consumer prices in May have further fueled speculations about a September cut, as traders brace for the conclusion of the Fed's June meeting and new interest rate forecasts.
Source: YAHOO