Treasury yields declined across the curve Thursday, with the 10-year rate falling to 4.50%, as investors await crucial US economic data following the Federal Reserve’s noncommittal stance on future rate cuts. The market’s attention has shifted to upcoming GDP and inflation figures for policy guidance, while the European Central Bank is expected to cut rates amid economic struggles in the eurozone. The divergence between Fed and ECB approaches highlights the different economic challenges facing the two regions.
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