The policy-sensitive 2-year Treasury yield was on track for its biggest one-day decline since July 13 as of Tuesday morning, after U.S. data showed that job openings fell to a 28-year low in July. The rate was down 12.7 basis points at 4.921% versus 5.048% on Monday — that compares with a 12.9-basis-points decline seen in mid-July. Meanwhile, fed funds futures traders slightly boosted the likelihood that the Federal Reserve will keep the main interest-rate target at between 5.25%-5.5% through December. They now see a 46.7% chance that the fed funds rate will remain in its current range in December, up from 39% a day ago.
Colin Cowherd_ Steelers Will ‘Delude Themselves’ Believing In Kenny Pickett, Claims Staff Scared To Draft QB Till Massive Ben Retired
After slamming Pittsburgh Steelers QB Kenny Pickett instantly following the crew’s 20-16 win over the …