News list for "Tuesday U.S. Treasury"

The rally continued on Tuesday, with the yield on the two-year Treasury bond falling to about 3.85 per cent from more than 5 per cent at the end of April. The gains over the past four months are the longest streak of gains since 2021. The move comes on expectations that the Federal Reserve will cut its base rate by more than two percentage points over the next 12 months, which would be the biggest drop since the 1980s outside of a downturn. For bond bulls, this poses a risk that if July...

2024-09-04 04:03:29