Author: omc_admin

(Bloomberg) — Traders lowered their bets on the Federal Reserve’s interest-rate cuts this year, pricing in just two reductions for 2025 after the US and China agreed to cut tariffs and moderate their trade war. Most Read from Bloomberg Swaps that track upcoming central bank meetings showed just 56 basis points of easing by December, down from near 75 basis points last week. Traders still see the first quarter-point cut in September. The policy-sensitive two-year yield rose as much as 12 basis points Monday to back above 4%, and was trading around that level late in New York, as traders…