Odaily Planet Daily News According to data showing no massive layoffs, US Treasury yields have been boosted. The number of initial jobless claims fell from a revised 242,000 to 227,000 last week, below the market’s expected 245,000. The data supports the market’s expectation of gradual interest rate cuts by the Federal Reserve. The Chicago Mercantile Exchange’s ‘Fed Watch’ tool shows that the probability of a 25 basis point rate cut in November has increased from 92% yesterday to 97% now. The US dollar index also rebounded slightly, and the yields on 10-year and 2-year US bonds have pumped slightly higher than before the data was released. (Jin10 Data APP)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
İlk işsizlik başvurusu sayısı düşerken dolar endeksi yükseldi, Kasım ayı faiz indirimi olasılığı %97'ye yükseldi.
Odaily Planet Daily News According to data showing no massive layoffs, US Treasury yields have been boosted. The number of initial jobless claims fell from a revised 242,000 to 227,000 last week, below the market’s expected 245,000. The data supports the market’s expectation of gradual interest rate cuts by the Federal Reserve. The Chicago Mercantile Exchange’s ‘Fed Watch’ tool shows that the probability of a 25 basis point rate cut in November has increased from 92% yesterday to 97% now. The US dollar index also rebounded slightly, and the yields on 10-year and 2-year US bonds have pumped slightly higher than before the data was released. (Jin10 Data APP)