U.S. Treasury yields plummet, the market focuses on the Federal Reserve’s interest rate decision丨Global Connection
The U.S. election results have not yet been released, but U.S. Treasury bond traders are giving up their bets on more fiscal stimulus measures, causing the yields of the Treasury bonds to plummet. The yield on the 10-year U.S. Treasury fell by 14 basis points to 0.75%. . In the absence of fiscal stimulus, will the Fed’s pressure to support the economy suddenly rise?