US Bond Yields Edge Higher Over Fed Rate Cut Expectations - Forex News by FX Leaders
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US Bond Yields Edge Higher Over Fed Rate Cut Expectations

Posted Friday, July 19, 2019 by
Arslan Butt • 1 min read

US Treasury bond yields climbed higher on Friday over increased expectations for a rate cut by the Fed. Early on Friday morning, the yield on the 10-year Treasury rose to around 2.05% while the yield on the 30-year Treasury note touched 2.5756%.

Driving this move were comments by the NY Fed President John Williams, suggesting that the central bank should “act quickly” as the economic growth slows, especially in the wake of low interest rates and weak inflation. His comments increased the likelihood for more aggressive rate cuts by the Fed in the near future, causing significant movement in the US dollar, Wall Street and GOLD.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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