US Treasury yields fall, traders evaluate Fed lowering GDP expectations

According to a report by Golden Finance, in the June dot matrix, Federal Reserve officials lowered their expectations for the number of interest rate cuts by the end of 2027. Even so, with the release of the dot matrix chart, the yield of two-year US treasury bond bonds following the policy expectation of the Federal Reserve still declined slightly. Traders may be reacting to Federal Reserve officials' predictions of a slowdown in economic growth (compared to their March forecast). The Federal Reserve currently expects economic growth rates of 1.4% and 1.6% for this year and next year, respectively, compared to March's forecasts of 1.7% and 1.8%.