Reported about 13 hours ago
Treasury yields have decreased as investors prepare for a crucial US inflation report, which could support the Federal Reserve's potential interest rate cuts next month. The 10-year yield dropped to 4.26%, nearing a three-month low, while speculation for a rate cut has increased following weak job data. Economists predict inflation may rise, but traders are betting on an 82% chance of a 25 basis point cut at the next Fed meeting. Investors are also watching other economic indicators this week as uncertainty surrounds the Fed's policy direction.
Source: YAHOO