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2025-09-18 02:29:38
U.S. Treasury bonds rose after the Fed's 25 basis point rate cut, with markets anticipating another 50 basis point cut this year. U.S. Treasury futures rose after the Federal Reserve's 25 basis point rate cut, with traders anticipating another 50 basis point cut at its October and December meetings. The overall U.S. Treasury yield curve fell 2-3 basis points, with the 2s/10s spread steepening after the decision, returning to near-zero levels. Overnight index swaps (OIS), which are tied to Fed meetings, took a dovish turn, now anticipating nearly 50 basis point cuts at the October and December meetings, compared to expectations of 44 basis points before Wednesday's decision.
