U.S. TREASURY YIELDS HOLD STEADY AS INVESTORS AWAIT EXPECTED FED RATE CUT
U.S. Treasury yields held steady Monday as bets continued to rise on expectations of an interest rate cut at the Federal Reserve’s meeting on Wednesday.
🟡At 2:39 a.m. in New York, the 10-year Treasury yield was flat at 4.141%.
🟡The 30-year Treasury yield was also little changed at 4.794%.
🟡The 2-year Treasury yield was little changed at 3.561%.
One basis point is equal to 0.01% and yields and prices move in opposite directions.
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