Bond traders bring forward the Federal Reserve's first rate cut to November
2024-05-03 05:39:05
Bond traders have pushed forward expectations for the Federal Reserve's first rate cut by a month to November ahead of the US jobs report on Friday. The repricing follows the biggest two-day rise in short-term Treasuries since January following the Fed's latest policy meeting on Wednesday. The yield on the most interest-sensitive two-year Treasury note has fallen 17 basis points to 4.87 per cent from Tuesday's high of 5.04 per cent for the year.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
债券交易员将美联储首次降息时间提前至11月Next article：
Upbit将上线ZETA、OMNI
