전망 요약
Yields are likely to remain elevated as the market prices out early rate cuts in January and March.
주요 포인트
- The 10-year yield is staying elevated while the 2-year yield is rising as markets adjust to fewer expected rate cuts.
- Probability of a January rate cut fell to approximately 5% following the report.
- The yield curve steepener is compressing as the market aligns with the Fed's higher-for-longer stance.
