Reported 2 months ago
The U.S. Treasury market experienced a turbulent week as initially rising bond prices amid recession fears flipped, resulting in a sell-off as concerns over an economic downturn eased. After pricing in aggressive Federal Reserve interest rate cuts, traders readjusted their expectations significantly. The upcoming inflation data will be pivotal, influencing forecasts for future rate cuts as investors try to navigate a jittery market.
Source: YAHOO