“Markets Challenge Fed’s Authority: 2-Year Treasury Yield Plummets as Disconnect Grows”
The 2-year Treasury yield decreased by 9 basis points to 3.879% on Thursday, after the Federal Reserve raised interest rates above 5%. This marks its third consecutive drop in as many days, which indicates a growing discrepancy between the market and the central bank’s policy direction. Analysts suggest that historically, a divergence between the 2-year […]