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Government’s 10-year bond yield at 30-month low on bets of big Fed rate cut

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Government’s 10-year bond yield at 30-month low on bets of big Fed rate cut

Published 10:31 IST, September 13th 2024

Government’s 10-year bond yield at 30-month low on bets of big Fed rate cut

The probability of a 50 bps move tripled from a day earlier to 43% with aggregate cuts of 115 bps now expected over the three Fed meetings in 2024.



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