U.S. 10-year Treasury yields hit 2025 lows as traders raise rate cut bets
U.S. Treasuries rose, with the 10-year yield falling 10 basis points as traders increased bets on a Fed rate cut and Donald Trump's tariff plans weighed on risk appetite.The 10-year U.S. yield fell below 4.30 per cent, its lowest level in more than two months. Money markets hinted at further monetary easing by the Federal Reserve, fully digesting for the first time in four weeks expectations of two 25 basis point Fed rate cuts this year.10-year U.S. bond yields hit a year-to-date low over the past week as investor confidence grew that the U.S. economy is weakening and that interest rate cuts will resume.
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