The Treasury market is pricing in 25 basis point rate cuts by the Fed in November and December, in line with the median of the dot plot.

CoinVoice recently learned that Felipe Villarroel, portfolio management partner at TwentyFour Asset Management, said that in the past few weeks, investors' expectations have become more consistent with those of the Federal Reserve.

"The Treasury market is currently pricing in two 25 basis point rate cuts in November and December that are consistent with the dot plot median," he said in a note. He said the Fed's base case is a soft landing (lower inflation without damaging the economy and labor market) and growth close to potential of 2%, which would require a neutral rate of interest around 3%. [Original link]