How the 2-Year Yield Is Moving Faster Than the Fed

Lucas and Luna drill into a quiet but significant shift in the bond market: the 2-year Treasury yield fell from 4.08 to 4.05 in just one day, while the Fed funds rate has barely budged. They examine what this divergence means for rate-cut expectations, how the 2-year has become the market's own policy signal, and why the 10-year is not keeping pace. With the yield curve steepening and the 30-year nearing 5 percent, the hosts debate whether bonds are pricing in a different path than the Fed is projecting. A focused look at the front end of the curve and what it says about mid-2026. #BondMarket #TreasuryYields #2YearYield #FedPolicy #YieldCurve #RateCuts #FixedIncome #BondInvesting #LucasAndLuna #Fexingo #Finance #Investing #Macro #EconomicIndicators #Treasuries #MarketSignal #FOMC #BondStrategy Keep every episode free: buymeacoffee.com/fexingo