New Bond King Gundlach: The Federal Reserve Faces the Most Predictable Interest Rate "No Change" in Years

Zhitong
2025.01.29 07:02
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Gundlach stated that the Federal Reserve's upcoming interest rate decision is the most predictable "no change" in recent years. Although the market widely expects the Federal Reserve to keep interest rates unchanged at Wednesday's meeting, traders are increasing their bullish bets on U.S. Treasuries. Powell's press conference will focus on the dual mandate of price stability and full employment. Swap pricing shows that the likelihood of a rate cut in March is about 30%. Against the backdrop of a sharp decline in tech stocks, risk aversion has driven the two-year U.S. Treasury yield down to its lowest level in over a month