Bond-Traders Re-Asses Fed Cut Bets

Treasury two-year yields fell to their lowest level since May as a surprise drop in producer prices reinforced bets on the Federal Reserve cutting interest rates this year. Traders are pricing in an 80% chance of a Fed rate cut in March, up from slightly more than 50% a week ago. Friday's economic…

#treasury #federalreserve #martinlutherkingjr #yemen #houthi #redsea