Reported about 2 months ago
Treasury yields are rising as investors await the upcoming Personal Consumption Expenditure (PCE) index. WisdomTree's Kevin Flanagan notes that the Federal Reserve's planned interest rate cuts, which could begin at unprecedented levels, will heavily influence fixed income investments. He emphasizes the need for data-driven decisions, pointing out that the labor market is cooling but not drastically declining, suggesting the fixed income market may be overreacting.
Source: YAHOO