Reported 29 days ago
US Treasury yields fell ahead of the anticipated Consumer Price Index (CPI) report, with the two-year yield reaching its lowest level since September 2022 at 3.55%. This decline comes as investors speculate on possible interest rate cuts from the Federal Reserve at their upcoming meeting, with a notable chance of a half-point cut if economic data indicates weakness. The market has demonstrated strong demand for bonds amid concerns of slowing inflation and economic growth.
Source: YAHOO