| Autor: |
Goldfarb, Sam (AUTHOR) |
| Předmět: |
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| Zdroj: |
Wall Street Journal - Online Edition. 9/23/2024, pN.PAG-N.PAG. 1p. |
| Abstrakt: |
The Federal Reserve recently cut interest rates by 0.5 percentage points, but yields on longer-term U.S. Treasurys have actually increased since the rate cut. This demonstrates that the Fed does not have complete control over borrowing costs in the country. Treasury yields, which are set by investor expectations of future short-term rates, play a significant role in determining borrowing costs. While Treasury yields are still lower than earlier in the year, there is no guarantee that they will continue to fall. Some investors believe that yields will rise further, while others anticipate a drop below 3% within the next six months. The direction of the 10-year yield will also depend on the term premium and factors such as Treasury issuance and inflation. [Extracted from the article] |
| Databáze: |
Regional Business News |
| Externí odkaz: |
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