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treasury yields rise as fed officials signal cautious rate cut outlook

The U.S. 10-year Treasury yield has surpassed 4.2% for the first time in three months, rising to 4.2036%, while the 2-year yield reached 4.0431%. Federal Reserve officials are advocating for a cautious approach to interest rate cuts, with traders anticipating a high probability of a quarter-point cut at the upcoming meeting on November 7. Strong economic data and uncertainty about future rate cuts have contributed to the recent yield increases.
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United States Dollar Dallas Federal Reserve Philadelphia Federal Credit Union CREDIT UNION Kansas City Fed CME Group Inc. USA Jeff Schmid Neel Kashkari Lorie Logan Patrick Harker Show more
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12:27 22.10.2024
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