CoinVoice has learned that, according to Jinshi, due to Trump's hint of nominating someone other than National Economic Council Chair Harret to succeed Powell, U.S. bond prices fell, and traders reduced their expectations for two rate cuts in the US in 2026. US Treasuries declined, pushing the two-year yield up by as much as 5 basis points to 3.61%, the highest level since the Fed's last rate cut in December. Short-term interest rate contracts reflect a decreased probability of the Federal Reserve cutting rates twice by 25 basis points this year.
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CoinVoice has learned that, according to Jinshi, due to Trump's hint of nominating someone other than National Economic Council Chair Harret to succeed Powell, U.S. bond prices fell, and traders reduced their expectations for two rate cuts in the US in 2026. US Treasuries declined, pushing the two-year yield up by as much as 5 basis points to 3.61%, the highest level since the Fed's last rate cut in December. Short-term interest rate contracts reflect a decreased probability of the Federal Reserve cutting rates twice by 25 basis points this year.