Viewpoint: If the Fed does not cut interest rates this year, the US Treasury bond 2Y will rise

Planet Daily News: BNP Paribas analysts in a report pointed out that if the monetary market excludes the expectation of interest rate cuts by the Federal Reserve this year, the U.S. two-year Treasury yield is expected to rise in the coming months. Analysts said: "By September 2025, we expect the market to remove the originally anticipated two rate cuts this year and postpone them to 2026." This will cause the two-year Treasury yield to rise first before falling at the end of the year. Analysts predict that the two-year Treasury yield will rise to 4.10% in the third quarter and fall back to 4.00% in the fourth quarter. They expect the Federal Reserve to implement four rate cuts in 2026. (Jinshi)