U.S. & Eurozone Bonds Hold Steady Before Fed Decision

Bond yields for U.S. Treasury and Eurozone debt instruments remained relatively unchanged throughout early market trading, as investors awaited the Federal Reserve’s policy decision on Wednesday. Analysts predict the Fed will maintain its current interest rate stance, suggesting a continued reluctance to cut rates in the near future. According to KBC Bank analysts, this prediction stems from recent strong U.S. economic data that challenges the possibility of rate cuts this year.