Unwinding of Rate Cut Bets Are Elevating Short-Term Yields

With the U.S. Federal Reserve recently standing pat on interest rate hikes, bets on rate cuts are dissipating as the data-dependent central bank seeks more confirmation before loosening monetary policy. In the meantime, it’s helping to fuel spikes in short-term yields. There was much optimism heading into 2024 that rate cuts would eventually come, but [...] The post Unwinding of Rate Cut Bets Are Elevating Short-Term Yields appeared first on ETF Trends .