FADING FED RATE CUT BETS MAY LIFT TREASURY YIELDS
U.S. Treasury yields dipped slightly in European trade but may rise ahead of the Federal Reserve’s Jackson Hole Symposium. Exness strategist Inki Cho notes that investors are scaling back bets on rate cuts, and yields could climb further if Fed Chair Jerome Powell signals a slower pace of easing in his Friday speech. The two-year yield slipped 1 bps to 3.764%, the 10-year eased 0.4 bps to 4.334%, and the 30-year fell 0.5 bps to 4.935%, per LSEG.The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments