Rates Spark: Whimsical Data Clouds The Fed's Path

2025-09-26 05:25:00 ET

By Benjamin Schroeder

US rates are also setting the tone in euro rates

US rates are in the driving seat as investors try to gauge the Fed's outlook. A set of positive data surprises – an upwardly revised final second-quarter GDP reading as well as benign jobless claims figures – nudged rates higher from the front end. The 2y Treasury rose above 3.65%, the highest since late August, while the 10y US Treasury yield is approaching 4.2% again. With the market already anticipating a benign PCE inflation reading, confirmation should not alter the outlook. The risk is rather for rates to move another notch higher should price dynamics remain hotter....

Read the full article on Seeking Alpha

For further details see: