Reported 1 day ago
The US Treasury market is experiencing its best weekly gains this month, driven by increasing fears of an economic downturn that promote bets on interest rate cuts. After the Federal Reserve's March meeting, traders are anticipating approximately 70 basis points of cuts by the year's end, potentially leading to three reductions throughout 2025. With bond yields declining, particularly the 10-year note, investors continue to seek safety in Treasuries amidst uncertainty surrounding economic growth.
Source: YAHOO