US 10 year treasury note hit highest level
The US 10-year note yield rises to 4.73%, its highest level since November 1st, 2023. This puts the 10-year note yield ~100 basis points above its December 2024 low.
With just 1 interest rate cut now expected in 2024, discussions of more HIKES are back.
If todays' PCE inflation data confirms that inflation is back on the rise, we could see futures price out the last cut.
With just 1 interest rate cut now expected in 2024, discussions of more HIKES are back.
If todays' PCE inflation data confirms that inflation is back on the rise, we could see futures price out the last cut.
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Expendabiggles : Won’t be ANY interest rate cuts. You watch. They cut under STILL mass inflation and it STILL on the rise. Will be like lighting a match to a dry forest soaked in gas! Inflation will rise so fast that the rate cut will instantly go back to put out the fire but it’ll be to late. Momentum will burn down an economy already bled out and to weak to fight.
Oh its going : Crack open the bubbly
Mack_2848 : interest rate cuts with inflation and low unemployment? delusional