Fed-funds futures traders now see a slightly better than 50-50 chance the Federal Reserve will cut its key interest rate by 50 basis points, or half a percentage point, at its Sept. 17-18 meeting ...

The most likely range for 3-month bill yields in 10 years remained in the 0% to 1% range. The probability of being in this range is only 0.02% higher than the probability of the 1% to 2% range.

The long-term peak in forward rates for U.S. Treasury exceeds the near-term peak, indicating a step toward normal yields. The streak of negative 2-year/10-year Treasury spreads has reached 292 trading ...