U.S. Treasury Yields Drop as Traders Bet on Fed Rate Cuts Amid Weaker Economic Data
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#012aa51d ver:0.81
U.S. Treasury yields drop to multi-week lows as traders bet on Fed rate cuts amid weaker economic data. The 10-year yield is at 4.45%. UK gilt yields closely track US treasury yields, but the Bank of England remains bound to the Federal Reserve on rate cuts. ING Group expects rates to rebound in the coming months, with the 10-year yield reaching around 4.5%. Bond strategists upgrade their U.S. Treasury yield forecasts, with a median end-July forecast of 4.40%. The Treasury market rallies as traders grow confident in Fed rate cuts. U.S. Treasuries rally in Asia trade as signs of cooling inflation and a slowing economy open the door to rate cuts. #TreasuryYields #FedRateCuts #EconomicData #Investment #BondMarket...
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