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(Bloomberg) — Wall Street is taking its cues from the Federal Reserve, forecasting short-term US Treasury yields to fall in 2025 despite the looming threat of President-elect Donald Trump’s trade and tax policies on the bond market. Most Read from Bloomberg Strategists are mostly aligned in their predictions and see a drop in the two-year … Read more

US consumer confidence tumbled in December from the previous month amid Americans’ growing uncertainty over the economic outlook in the year ahead. The Conference Board’s consumer confidence index declined by 8.1 points in December to 104.7, below the 113.2 expected by economists surveyed by Bloomberg. The expectations index, which includes the short-term outlook for income, … Read more

(Bloomberg) — Gold slipped as the dollar pushed higher with traders weighing the outlook for US monetary policy in 2025. Most Read from Bloomberg Bullion fell by as much as 0.6% as the greenback advanced after the US government averted a shutdown. Investors were also digesting the latest data on consumer confidence as well as … Read more

(Bloomberg) — The Federal Reserve Bank of New York’s plan to conduct additional liquidity operations through the end of the year will provide needed support at a time when funding markets tend to be volatile, though its current framework will limit the effectiveness of the measures. Most Read from Bloomberg The Standing Repo Facility, or … Read more