U.S. Treasury yields held steady as the market awaited the Federal Reserve's interest rate decision
ChainCatcher news, according to Jinshi reports, during the Asian trading session, U.S. Treasury yields remained stable as the market awaited the Federal Reserve's interest rate decision. Amanda Sundstrom, a forex and fixed income strategist at Nordea Bank in Sweden, expects a very high probability that the Federal Reserve will cut rates by 25 basis points tonight, but the possibility of a 50 basis point cut cannot be completely ruled out. Tradeweb data shows that the 2-year U.S. Treasury yield is at 3.507%, the 10-year at 4.023%, and the 30-year at 4.643%.
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