Markets Rally as Fed Rate Cut Hopes Boost Treasuries and Bitcoin
TL;DR Summary
US Treasury yields fell and stocks rallied as weak economic data increased expectations for Fed rate cuts, with global equities reaching record highs and the dollar weakening, amid ongoing concerns about economic growth and monetary policy adjustments.
- Treasuries Rally on Fed Cut Hopes, Stocks Hit Peak: Markets Wrap Bloomberg.com
- Treasury yields slide as ADP payrolls fall to lowest in more than two years CNBC
- Bond Yields Fall After Weak Data Spurs Hopes of Rate Cut WSJ
- Treasury Yields Tumble as Wagers on September Fed Rate Cut Grow Yahoo Finance
- Bitcoin Price (BTC) Might Rally Further on Improving Interest Rate Picture CoinDesk
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