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KM Financial Solutions | TREASURIES-Yield curve steepens; Fed chief remarks boost rate cut bets
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TREASURIES-Yield curve steepens; Fed chief remarks boost rate cut bets

09 Jul TREASURIES-Yield curve steepens; Fed chief remarks boost rate cut bets

Posted at 14:31h in News by
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The U.S. Treasury yield curve
steepened on Wednesday after Federal Reserve Chair Jerome Powell
increased expectations that the U.S. central bank may cut rates
more sharply than expected in July.
Powell’s prepared remarks to a congressional committee were
published Wednesday morning. The chance of a 50 basis point cut
rose to 21.4 percent from 3.3 percent on T

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