US Treasuries Post Third Week of Gains on Fed Rate-Cut Bets

From Yahoo Finance: 2025-06-27 16:05:00

US Treasuries rallied for a third consecutive week on expectations of Fed rate cuts. Economic data and potential new Fed chief fuel speculation. Despite Friday’s slip due to inflation data, traders are pricing in two cuts this year. Dollar surged after Trump’s trade comments with Canada. Market eyes July employment report for rate cut clues. Wells Fargo strategists predict widening yield spread in “fiscal blowout” scenario.

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