A wave of risk aversion is sweeping through the market! US Treasury bonds are expected to achieve their largest increase in several weeks.

According to the Wise Finance APP, US Treasury bonds are expected to rise this week, as safe-haven demand outweighs market concerns about whether the Federal Reserve will cut interest rates next month. The yield on the benchmark 10-year US Treasury bond has fallen by 9 basis points in the past five days to 4.05%, marking the largest weekly decline since the week of October 10. The two-year Treasury bond yield also fell by a similar magnitude, marking the largest weekly decline since September.