Reported 10 days ago
U.S. Treasury bonds are on course for their longest winning streak in 14 years, with investors benefitting from a strong month of returns as traders anticipate further interest rate cuts from the Federal Reserve. Following a recent half-point reduction, expectations are high for additional cuts, which have fueled a rally resulting in a 1.2% return this September, marking five consecutive months of gains. The market's optimism is also reflected in declining yields and a normalization of the yield curve, although uncertainties surrounding future rates pose potential risks.
Source: YAHOO