Treasuries Gain as Fed Cuts, Traders Wager on Two More in 2026
Treasuries extended their advance as the Federal Reserve delivered a widely expected quarter-point interest-rate reduction and stuck to projections for one more cut next year.
By Michael MacKenzie · Bloomberg Markets
Treasuries extended their advance as the Federal Reserve delivered a widely expected quarter-point interest-rate reduction and stuck to projections for one more cut next year.