Reported about 1 month ago
U.S. Treasuries are nearing their longest monthly gain since July 2021, buoyed by expectations of Federal Reserve interest rate cuts amid cooling inflation and jobs data. With a 1.5% return in August so far, the bond market reflects growing investor confidence in lower borrowing costs. Economic indicators point towards a potential 'Goldilocks' economy, and analysts anticipate significant rate reductions from the Fed later this year, despite concerns about the sustainability of the rally.
Source: YAHOO