US Treasury Yields Show Little Movement Ahead of Fed Rate Decision
Deep News
Oct 29
With the US government shutdown preventing access to official data, the Federal Reserve is expected to cut its key interest rate by 25 basis points.
Mabrouk Chetouane, Global Market Strategist at Natixis IM Solutions, noted in a report that the economy faces multiple shocks, and some of the Fed's policy tools are currently unavailable. Fed Chair Jerome Powell must carefully manage the impact of monetary policy on the economic cycle.
According to Tradeweb data:
- The 2-year US Treasury yield rose 0.2 basis points to 3.495%.
- The 10-year US Treasury yield fell 0.4 basis points to 3.978%.
- The 30-year US Treasury yield declined 0.6 basis points to 4.540%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.