The Fed's expectation for a rate cut in December has weakened, leading to a general fall in stocks, bonds, and currencies.

According to Mars Finance news, analysts say that traders' expectations for the Fed to ease policy at the December meeting have weakened, leading to declines in the stock market, government bonds, and the dollar. The remarks from Fed officials have increased the likelihood of maintaining the interest rate. Musalem stated that there is limited room for further easing of policy, while Cleveland Fed President Harmack emphasized that the interest rate policy should remain restrictive. CME FedWatch shows that the possibility of a 25 basis point rate cut in December is 50.7%. The yield on the 10-year U.S. Treasury rose to 4.1211%, while the two-year yield rose to 3.593%.