RSS SubscribeInvestors shun long-term US bonds as hopes for aggressive Fed rate cuts fade
From Yahoo Finance
Bond investors, anticipating the Federal Reserve will hold interest rates steady again this week, are moving away from longer-dated Treasuries as they temper expectations for an aggressive easing given the lower chance of a U.S. recession.
Their flight away from the long end of the curve also reflects worries about President Donald Trump’s tax and spending bill, which is being considered by the U.S. Senate.
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