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Treasury yields fall again as traders factor in full percentage point of Fed rate cuts by December

Bond Report Last Updated: March 15, 2023 at 11:13 a.m. ET First Published: March 15, 2023 at 7:28 a.m. ET U.S. bond yields dived on Wednesday as troubles at Swiss banking giant Credit Suisse reverberated around financial markets and prompted traders to factor in a full percentage point of rate cuts from the Federal Reserve
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Bond Report

U.S. bond yields dived on Wednesday as troubles at Swiss banking giant Credit Suisse reverberated around financial markets and prompted traders to factor in a full percentage point of rate cuts from the Federal Reserve by year-end.

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What’s driving markets

Treasury yields plunged on Wednesday after the biggest shareholder in Credit Suisse CS said it would not invest any more funds in the beleaguered Swiss lender, according to a Bloomberg report. Credit Suisse’s shares dropped to a record low…

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