TRADERS DOUBT FED WILL CUT RATES IN 2026 Bond markets are scaling back expectations for a 2026 Fed rate cut, now pricing in just 24 basis points, down from 30, less than a quarter-point. Yields on 2-year Treasuries rose to ~3.70% amid Middle East tensions, rising energy prices, and heavy corporate and Treasury bond supply, weakening demand for new issues.(*Walter Bloomberg)