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Two-year Treasury yield ends at an almost three-week low after Fed’s Powell makes rate-cut intentions clear
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Two-year Treasury yield ends at an almost three-week low after Fed’s Powell makes rate-cut intentions clear
August 23, 2024
Arthur Bleemer
Yields on U.S. government debt finished broadly lower on Friday and for the week, after Federal Reserve Chair Jerome Powell delivered the clearest message yet that the central bank is prepared to start cutting interest rates.
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