US TREASURIES DIP WITH TRADERS’ BETS ON A FED RATE CUT LOCKED IN
https://s.yimg.com/ny/api/res/1.2/EacM69rx_0duuj2yGixkyQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/bloomberg_holding_pen_162/7f4f2e551d55ba8f2819549b6007f050
✍️ Treasuries edged lower ahead of a widely expected interest-rate cut by the Federal Reserve, with traders focused on comments by Chair Jerome Powell for clues on the central bank's next move.
👉 Treasuries edged lower ahead of a widely expected interest-rate cut by the Federal Reserve 👉 Traders are focused on comments by Chair Jerome Powell for clues on the central bank's next move 👉 The softening labor market is bolstering the case for easing 👉 Further rate cuts are likely in December
-- #JeromePowell #ScottDiMaggio #DavidChao #BrendanFagan #NeilSutherland #Washington #NewYorkCity #business
Loading quoted post…
