The Federal Reserve (FED) BOWMAN hinted at a possible interest rate cut in July, and U.S. Treasury yields fell in response.

[Coin World] The yield on the 10-year U.S. Treasury bonds fell after The Federal Reserve (FED) official BOWMAN indicated that a rate cut could occur as early as July, with the latest decline of 4.9 basis points to 3.859%. The yield on the 2-year U.S. Treasury bonds also fell after BOWMAN’s comments, with the latest drop of 5.3 basis points to 4.322%.

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