SPDR Bloomberg Barclays 1-3 Month T-Bill ETF Declares Monthly Distribution of $0.4023
US10Y Falls to Lowest Level in 2024, US2Y Breaks Below 4%, 2s/10s Curve Nearly Un-inverts
Pulaisi: Federal Reserve may cut interest rates in September, asset allocation will be more inclined towards high-yield bonds.
Tim Murray, the capital markets strategist for T. Rowe Price's diversified asset division, has commented on the Federal Reserve's interest rate decision.
Softening U.S. Data Provide Supportive Backdrop to Bond Market
Economic data and conflict in the Middle East scared the US stock market. The Dow fell by about a thousand points from its high during the day, and Nvidia suffered another steep decline. US bonds rose sharply.
More news, updating continuously, the US labor market continues to weaken, manufacturing shrinks the deepest in eight months, traders expect the Fed to cut interest rates three times this year, the yield of 10-year US Treasuries fell below 4% for the first time since February, and the 2-year yield plunged 10 basis points.
Bond ETFs Attract Record Flows in July as Investors Position for Fed Rate Cuts
