The 2-year US Treasury yield fell more than 8 basis points, steepening the yield curve. Former "Fed's top three" Dudley hopes the Fed will cut interest rates

Wallstreetcn
2024.07.24 19:47

At the New York closing on Wednesday (July 24th), the yield on the 10-year US Treasury benchmark rose by 2.15 basis points to 4.2720%, trading in the range of 4.2076% to 4.2877% during the session. The yield on the 2-year US Treasury fell by 8.13 basis points to 4.4101%, trading in the range of 4.4934% to 4.3750% during the session. The yield on the 20-year US Treasury rose by 4.47 basis points, and the yield on the 30-year US Treasury rose by 5.20 basis points

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