TREASURIES-Yields tick lower as data, Fed firm up 25 bp cut expectations
A mixed employment report on
Friday morning and an even-keel message from U.S. Federal
Reserve Chair Jerome Powell left yields modestly lower, firming
up market expectations the central bank will cut interest rates
by the expected 25 basis points at its September meeting.
Friday morning and an even-keel message from U.S. Federal
Reserve Chair Jerome Powell left yields modestly lower, firming
up market expectations the central bank will cut interest rates
by the expected 25 basis points at its September meeting.
Posted by Reuters
