The market is starting to anticipate a 50 basis point rate cut by the Federal Reserve in September

JIN10
2024.08.02 00:50
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The market is increasing its bets on the Fed cutting interest rates, with the 2-year Treasury yield falling to its lowest level. Interest rate futures indicate that the market expects the Fed to cut rates by 87 basis points this year. The probability of a 50 basis point rate cut by the Fed in September has risen to 33%