US Bonds Rise as Soft Inflation Backs Bets on Two 2025 Fed Rate Cuts
(Bloomberg) -- Treasury debt slipped as gains for US stocks reinforced the broadening conviction on Wall Street that Federal Reserve interest-rate cuts are unlikely before December.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’A New Central Park Amenity, Tailored to Its East Harlem NeighborsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?Lawsuit Challenges Trump Administration Policy on Migrant ChildrenThe US government bond market