Treasury Yields End With Second Week of Advances, With Interest Rates Set to Stay Elevated in 2025
House Passes Funding Bill With Just Hours Left to Avert a Government Shutdown
Congress Races to Avoid Government Shutdown; Speaker Says Republicans 'Unified'
Stagflation Fears and Soaring US Yields: S&P 500's Next Move
The "last mile" challenge of inflation reappears, will central banks in Europe and the United States only slowly reduce interest rates in 2025?
The USA PCE price index has rebounded year-on-year for two consecutive months, and the United Kingdom CPI inflation has also jumped from 1.7% in September to 2.6%, exceeding the target level of 2%. Currently, traders expect the Federal Reserve to cut interest rates once next year, with a 50% probability of a second rate cut, whereas a month ago, expectations were for two rate cuts; it is anticipated that the Bank of England will cut rates twice next year, a decrease from the four rate cuts expected in October.
The U.S. 10-Year Treasury Notes Yield rose by 4.81 basis points to 4.5621% | Summary of the performance of major Global asset classes 20241220.
Produced jointly by China-Thai International and Cai Lian She.