US 10-Year Yield Extends Fall on Dovish Fed View
The US 10-year Treasury yield fell to around 4.12%, marking a second consecutive session of declines after the Federal Reserve delivered its third quarter-point rate cut this year, in line with expectations. The Fed also signaled a less hawkish stance than markets anticipated, with Chair Jerome Powell suggesting a rate hike is off the table, prompting traders to price in two additional cuts in 2026. The Fed’s dot plot, however, points to just one more 25-bps reduction next year. The central bank said it will begin buying short-dated Treasury bills to support market liquidity from December 12, with the initial round totaling about $40 billion. Meanwhile, Fed projections now foresee 2.3% growth in 2026, up from 1.8% in September, and 2% in 2027, slightly above prior forecasts. Inflation forecasts were lowered to 2.5% for 2025 and 2.4% for 2026, remaining modestly above the 2% target.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market




