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Societe Generale Projects Two More Fed Rate Cuts in 2025, Sees Treasury Yields Falling to 3.20% and 3.75%

Societe Generale interest rate strategists project the Federal Reserve will cut rates twice more in 2025 after a December reduction, with the 2-year Treasury yield declining to 3.20% and the 10-year yield to 3.75% by end-2026, Jin10 reports. The bank expects upcoming economic data to show resilient U.S. growth, persistent inflation and modest labor market weakness. The forecast was published in a Dec. 1 report.
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