Core Viewpoint - The significant drop in short-term U.S. Treasury yields, driven by weaker-than-expected employment data, has led traders to increase bets on the Federal Reserve potentially lowering interest rates as early as next month [1] Group 1: Market Reactions - The 2-year Treasury yield fell by 21 basis points to 3.74%, marking the largest single-day decline since August of the previous year [1] - The probability of a rate cut in September is now estimated at 80%, indicating strong market expectations for monetary easing [1] - The decline in yields has negatively impacted both the U.S. dollar and the stock market, with the S&P 500 index dropping nearly 2% [1] Group 2: Expert Opinions - Gregory Faranello, head of U.S. rates trading and strategy at AmeriVet Securities, anticipates that the Federal Reserve will begin cutting rates in September [1] - The recent employment data contradicts previous statements from the Federal Reserve Chairman, who emphasized a strong labor market just days prior [1]
短期美债收益率创一年来最大跌幅 非农就业放缓令9月降息概率增至八成
Sou Hu Cai Jing·2025-08-01 14:54