10-year, 30-year Treasury yields fall slightly to start the week

There are no major economic data releases due out on Monday. Auctions will be held for $48 billion of 13-week bills and $45 billion of 26-week bills. U.S. 10-year and 30-year Treasury yields fell slightly on Monday morning to start the week. The yield on the benchmark 10-year Treasury note fell by less than a… Continue reading 10-year, 30-year Treasury yields fall slightly to start the week

Art Cashin joins the Wall Street camp leaning toward a half-percent July Fed rate cut

Cashin believes the Fed could slash interest rates by an aggressive 0.5% at its next policymaking meeting at the end of July. Wall Street believes a rate cut next month is a virtual certainty, with 38.5% odds on a 0.5% move and 61.5% odds on a 0.25% move. Cashin says the markets would react to any positive trade… Continue reading Art Cashin joins the Wall Street camp leaning toward a half-percent July Fed rate cut