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 Gold's STEALTH Institutional Rally…What Happens When the Public Arrives? READ MORE Why Silver Is One Of The Most Important Elements On Earth READ MORE Pros and Cons of Investing in Physical Precious Metals READ MORE How & Where to Buy Gold Coins [2024 Buying Guide] READ MORE Oil Prices Stagnate as Demand Worries Mount READ MORE Add a Comment Cancel replyYour email address will not be published.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