Why are interest rates rising when the Fed has been cutting them?
- The yield on the 10-year Treasury rose above 4.80%, reaching its highest level since 2023, despite the Federal Reserve cutting interest rates three times since September.
- The Federal Reserve has lowered its main interest rate by a full percentage point since September to help the economy after raising rates to combat inflation.
- The bond market is concerned about higher inflation and a strong U.S. Economy that may not need further interest rate cuts, leading to rising yields.
- Market strategist Gary Schlossberg stated that several months of slowing inflation are needed for the Federal Reserve and the market to consider another rate cut.
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Total News Sources0
Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
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