Two-year yields were near 3.50% after midday in New York after approaching 3.46% overnight. — Bloomberg
WASHINGTON: Treasuries stalled after two-year yields approached their lowest level this year amid bets the Federal Reserve (Fed) will cut interest rates again this month.
Two-year yields were near 3.50% after midday in New York after approaching 3.46% overnight, within about three basis points of the low reached during April’s tariff-fuelled market chaos.
