Treasury Rate Cuts 2024

Treasury Rate Cuts 2024. This is much more dovish than the last summary of economic projections ( dot plot) released by the fed in june. Treasury yields, a key driver of mortgage rates and other borrowing costs, keep rising anyway.

With inflation returning to normal and economic growth running below normal by the beginning of 2024, both parts of the fed’s dual mandate will be signaling for rate cuts. Investors are signaling the federal reserve will cut interest rates just twice this year, starting in september, after a fresh round of hot inflation sent treasury yields soaring to.