Treasuries Slip as Employment, Spending Data Support Fed Pause
Traders’ expectations that the Federal Reserve will delay interest-rate cuts until later in 2026 were reinforced by US economic data showing resilience in the job market and consumer spending.
By Sydney Maki · Bloomberg Markets
Traders’ expectations that the Federal Reserve will delay interest-rate cuts until later in 2026 were reinforced by US economic data showing resilience in the job market and consumer spending.