2-year Treasury leads yields lower as Fed sticks with 2025-27 rate-cut forecast
U.S. government debt rallied on Wednesday, sending the policy-sensitive 2-year yield down by the most in more than a week, after Federal Reserve officials stuck with their expectations for interest-rate cuts through 2027.
U.S. government debt rallied on Wednesday, sending the policy-sensitive 2-year yield down by the most in more than a week, after Federal Reserve officials stuck with their expectations for interest-rate cuts through 2027.
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