From NASDAQ.: 2024-12-31 15:18:14

Treasuries fell on Tuesday as bond prices dropped, pushing the yield on the ten-year note up to 4.573 percent. Concerns about interest rates for the new year lingered, with the Federal Reserve expecting only two cuts in 2020. Traders were cautious due to uncertainty surrounding President-elect Donald Trump’s policies and the U.S. budget deficit. Despite selling pressure, trading activity was quiet ahead of the New Year’s Day holiday. Market focus will shift to Thursday’s reaction to the weekly jobless claims report after the holiday break.



Read more at NASDAQ.: Treasuries Move Modestly Lower To Close Out The Year