(Feb 16) : US bond traders will be watching the trajectory of stocks this week and economic releases such as private payrolls data to see whether the rally in Treasuries has legs. Benchmark 10-year yields enter the holiday-shortened week at the lowest in months, after haven buying spurred by a tech-driven slide in US stocks. A tame inflation reading on Friday helped extend the bond market’s advance, and left traders leaning toward at least two Federal Reserve interest-rate cuts by year-end. “The near-term drivers for bonds will be what happens with data and risk assets,” said John Madziyire, a portfolio manager at Vanguard. Meanwhile, traders were fully pricing in two quarter-point cuts ahead this year, and a roughly 50% chance of a third by year-end.

Source: The Edge Markets February 15, 2026 23:02 UTC