The US Treasury 10-year yield fell 19.3 bps to 4.952%, marking the largest single-day drop since March 2023. Rate hike e…
The US Treasury 10-year yield fell 19.3 bps to 4.952%, marking the largest single-day drop since March 2023. Rate hike expectations have vanished.
Global gold broke below $4,050 for the first time since early August; silver dropped below $55, while Brent crude rose above $113.
All signs suggest that rate hikes by year-end are unlikely, which will also impact US stock performance.
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