U.S. Treasury bond yields stop falling and fall again, investors betting on the Fed to start cutting interest rates in September.
According to the Wise Finance APP, US Treasury bonds reversed their three-day decline on Tuesday, with yields falling across the board. This was because investors continued to bet that the Federal Reserve is likely to cut interest rates in September at the earliest, while also eagerly awaiting a major speech by Federal Reserve Chairman Powell at the Jackson Hole Symposium.
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