Market Pricing of Fed Cuts vs. Real 10-Year U.S. Treasury Yield

Market Pricing of Fed Cuts vs. Real 10-Year U.S. Treasury Yield When the market expects the Federal Reserve to cut interest rates, it often leads to lower real yields, as investors adjust their expectations. Image: Goldman Sachs Global Investment Research

Fed Funds Future

Fed Funds Future The Federal Reserve also sees near-zero interest rates lasting through 2022 to curb economic damage of the coronavirus. Image: Goldman Sachs Global Investment Research