Bond Investors Scale Back Long-Term Treasuries Ahead of Fed Rate Cut
U.S. bond investors are reducing their holdings in longer-dated Treasuries as the Federal Reserve prepares to cut interest rates. Reuters Typically, investors buy longer-term bonds when the Fed eases rates. Instead, many are trimming those bets now, believing the economy may land softly without a deep downturn. Reuters The Fed’s policy-setting body, the Federal Open…