10-year Treasury yields eye 4% mark next following post-Fed drop ...Middle East

The March low at 4.038% is holding somewhat for now. But looking at things, it's all about the 4% mark from a psychological perspective when it comes to 10-year yields. That especially after the Fed more or less sealed the deal for a September rate cut yesterday.The move lower over the last few months owes to a couple of factors. For one, US inflation data has been getting better at the margin. The disinflation process may be gradual but the Fed is slowly gaining more confidence that they are on the right side of the fight, at least for now.Taking that into consideration, markets have also moved to price in higher odds of a Fed rate cut for the months ahead. We went from roughly between one

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