Traders continued to sell off the 2-year Treasury note after 3 p.m. Eastern time on Thursday after Federal Reserve Chairman Jerome Powell indicated policymakers are in no hurry to cut interest rates.
Traders added to wagers that the Federal Reserve will cut interest rates by another quarter point next month after in-line inflation data, spurring gains for Treasury debt. The rally trimmed yields on ...
The U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Thursday. Policymakers took note of a job market that has 'generally eased,' while inflation continues to move ...
The Federal Reserve sets the federal funds rate. That rate influences the yield on the 10-year Treasury note, which serves as the index for most mortgage rates in the U.S. As the fed funds rate ...