Bank of America Predicts Soft Landing Scenario Unfolding in US Economy
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#012aa51d ver:0.83

Bank of America predicts a soft landing scenario in the US economy as Treasury yields dip following disappointing jobs report. Market speculations of Fed rate cuts increase, signaling potential economic slowdown. UK gilt yields closely track US yields, despite different economic picture. ING Group expects temporary fall in Treasury yields, with rates projected to rebound. Bond strategists upgrade yield forecasts amid sticky inflation and fewer rate cut expectations. Treasury market rallies as traders anticipate Fed rate cuts. UBS predicts two rate cuts in 2024, while Bank of America notes weakness in US economy and predicts decline in Treasury yields. #economy #Treasury #yield #Fed #ratecuts...

#newstr #UsEconomy #MonetaryPolicy #InterestRates #UsDollar #BankOfAmerica 

 https://here.news/story/012aa51d?ver=0.83