Lates News

As investors await a possible rate hike announcement from the Federal Reserve on Wednesday, U.S. Treasury yields fell across maturities, except for ultra-long-term Treasuries, which edged higher. Analysts at TD Securities noted in a report: "We now expect the Federal Open Market Committee (FOMC) to raise the policy rate by 25 basis points in September, kicking off a tightening cycle; we anticipate the Fed will raise rates by a cumulative 75 basis points between September and the first quarter of 2027." They expect subsequent hikes in October and January following the September increase. The 2-year Treasury yield fell 3.3 basis points intraday to 4.610%; the 10-year Treasury yield dropped 1 basis point to 4.964%; while the 30-year Treasury yield rose 0.8 basis points to 5.362%.