The probability of the Federal Reserve cutting interest rates in December increases, and the dollar falls
The yield on the two-year Treasury bond fell 2 basis points in the short term to the latest 4.18%. The dollar index fell 15 points in the short term. US interest rate futures slightly raised the probability of the Federal Reserve cutting interest rates by 25 basis points this month to 70%. On the news, Federal Reserve Governor Waller favored a rate cut in December.