Treasury Traders Bet on 2024 Fed Rate Cuts Despite recent fluctuations in yields driven by employment and service-industry data, Treasury traders are firmly betting on the Federal Reserve cutting interest rates significantly in 2024. Swap contracts linked to Fed meetings are pricing in nearly six quarter-point reductions, with over a 70% chance of a cut in March. Initially, these bets were scaled back after a strong job report, but they regained momentum due to a comprehensive analysis of the payrolls report, a major revision in November’s data, and a weaker U.S. service sector performance. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Consumer Confidence Edges Up in July, but Economic Concerns Persist READ MORE Gold Slides Below $2,000 As U.S. Inflation Exceeds Expectations READ MORE Record-Breaking Gold Rally Continues for Eighth Day on Safe-Haven Demand READ MORE Stocks Tumble Following Latest Jobs Report READ MORE Yukon Government Seeks Control of Victoria Gold After Mine Disaster READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment