A post by @FirstSquawk on X.
US 2-YEAR BOND YIELD DECLINES 6 BPS TO 4.573% AS FED FUNDS FUTURES POST MODEST GAINS.
@FirstSquawk on X
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The U.S. two-year Treasury yield fell 6 basis points to 4.573% as fed funds futures posted modest gains. The move reflects traders adding to expectations for easier Federal Reserve policy. The front-end yield is closely tied to rate expectations, so the decline signals a shift in the market-implied path for policy. Watch upcoming Fed communications and economic data for confirmation of whether futures pricing extends beyond modest gains.
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Named in this story
US 2-year bond yield, Fed funds futures