The expectation of the Fed lowering interest rates continues, pushing US bond yields slightly down.

According to Mars Finance news, as reported by Jin10, despite the lack of immediate new catalysts, U.S. Treasury yields fell during the European trading session around midday against the backdrop of ongoing market sentiment dominated by expectations of rate cuts from the Fed. Daniel Takieddine, an analyst at Sky Links Capital Group, pointed out that the market's expectations for the Fed's easing policy have fully priced in the prospects of a 25 basis point rate cut next week and over the next two years, which may continue to push yields lower. Tradeweb data showed that the yield on two-year U.S. Treasuries fell slightly by 0.3 basis points to 3.459%, while the yield on ten-year U.S. Treasuries dropped by 1 basis point to 3.977%.