Shrinking Fed rate cut expectations to keep US Treasury yields elevated =============== #4f691011 ver:0.85 US Treasury yields expected to stay elevated as Fed rate cut expectations shrink. Benchmark 10-year note yield to plateau, then modestly fall by year-end. Limited expectations of only two 25-basis point rate reductions this year. Risk of only one or no rate cuts in 2024. Yield currently at 4.44%, forecasted to decline to 4.23% and 4.13% in six and 12 months respectively. Central bank's meeting on Wednesday to provide further guidance. #TreasuryYields #FedRateCut #EconomicProjections... #newstr #UsTreasuryYields #FederalReserve #InterestRateCuts #EconomicData #Inflation #BondStrategists #RateReductions https://here.news/story/4f691011?ver=0.85