Bond yields stay in retreat mode to start the month ...Middle East

forex live - News

The turnaround came as traders are starting to digest a more dovish Fed outlook since last week. We've gone from seven rate cuts priced in to start the year down to one rate cut, before moving towards two rate cuts now. To be more exact, Fed funds futures are reflecting ~45 bps worth of rate cuts currently for 2024. It was roughly 31 bps just at the start of last week.And that has helped to keep a modest bid in bonds, with Treasury yields now down to its lowest in a month. So, have we reached the peak in yields for this year?Well, higher yields wasn't supposed to be part of the script to begin with. So, to see 10-year yields hit 4.70% at the end of last month was already a big win for bond s

Hence then, the article about bond yields stay in retreat mode to start the month was published today ( Tuesday 07/05/2024 - 01:52 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Bond yields stay in retreat mode to start the month )

Last updated : 07 May 2024 clock 01:52 PM

Also on site :

Bond yields stay in retreat mode to start the month ...Middle East

Son charged with first-degree murder of father in suburban Cook County

Jarvis Writes Some Don Lemon Indictment Fan Fiction, and It's Too Easy to Believe

Review: Billy Gibbons and BFG Band surprise Belly Up with ZZ Top–loaded set

‘The Secret Agent’ Director Kleber Mendonça Filho Praises Oscar Nominee Wagner Moura: ‘Everything Came Together Because of the Main Actor Who Believes in Generosity’

UNRWA commissioner: Another dark day in Gaza, ceasefire in name only

Texas A&M wins fourth straight, takes care of Georgia on the road

Bella Hadid’s Ex Adan Banuelos Arrested Days After Split — What We Know So Far

Federal judge orders release of 5-year-old boy, father from Texas immigrant detention center

How to Watch Hurricanes vs Capitals: Live Stream NHL, TV Channel

Kanye West Enlists Daughter North for Surprise Duet at His Mexico Concert

WWE Fans React to Surprise Elimination at Royal Rumble 2026

Trump’s Pick for Fed Chair Points to Growing Bitcoin-Dollar Synthesis

US judge declines to halt immigration surge in Minnesota amid protests

Re-energized USC women seek second straight win

US oil companies going to Venezuela – Trump