U.S. Treasuries rally as Fed’s Williams fuels rate-cut bets

November 21, 2025
9:13 am

Treasuries rallied and bond traders rushed back into bets on a December interest-rate cut after Federal Reserve of New York President John Williams signalled he’s open to lowering borrowing costs further.

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U.S. Treasuries rally as Fed’s Williams fuels rate-cut bets

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