Copyright Bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Treasuries extended losses after the Federal Reserve delivered a widely expected quarter-point interest-rate cut amid signs of a softening jobs market. The central bank reduced its policy setting to 3.75%-4% in its second straight cut — though two officials dissented. Traders continued to price in another quarter-point cut at the December meeting and expect the rate to be reduced to 3% by September 2026.
