U.S. Treasury yields fell, indicating that the Federal Reserve will cut interest rates

ChainCatcher news, according to Jinshi reports, American investor Louis Navellier stated in a report that the recent comprehensive decline in U.S. Treasury yields indicates that the Federal Reserve will cut interest rates. Navellier expects the Federal Reserve to lower rates at the meetings on October 29 and December 10, with the market anticipating a nearly 97% chance of a 25 basis point cut in October and a 94% chance of another 25 basis point cut in December.