The Chicago Entrepreneur

Recession fears fuel swings in interest-rate expectations and 2-year Treasury yield

Recession fears, a growth scare, and a Federal Reserve policy mistake. A combination of all three things gripped the U.S. government debt and interest-rate corners of the financial market on Friday, as traders weighed two days of weaker-than-expected data and translated that into large swings in fed-funds futures and the yield on the policy-sensitive 2-year Treasury note.

Previous post Fed chief Powell has a new catalyst for cutting rates after putting goodies ‘on the table’
Next post Social Security crisis: Voters prefer higher taxes over benefit cuts