Treasury Yields Edge Lower Ahead of Fed Decision

Core Viewpoint - U.S. Treasury yields have decreased slightly, indicating that investors are preparing for the Federal Reserve's policy decision, with a significant likelihood of a rate cut. Group 1: Market Expectations - A 25-basis-point rate cut is anticipated with a 90% probability, highlighting strong market expectations ahead of the Fed's announcement [1] - Investors are particularly focused on the Fed's projections and comments from Chair Jerome Powell, which may influence future market movements [1] Group 2: Fed's Stance - The Federal Reserve is expected to adopt a cautious tone while incorporating some hawkish elements to maintain policy flexibility, as noted by MFS Investment Management [2]