Hey kids! Imagine the economy as a giant rollercoaster. Sometimes it goes up, sometimes it goes down. Recently, it's been a bit bumpy. This news is about how the US economy might be slowing down.
- Interest rates on short-term US government bonds went up a tiny bit (four basis points). Think of it like the price of borrowing money changed.
- But longer-term rates are going down, showing people think the economy might slow down.
- Experts aren't sure if the economy is really slowing, or just having a temporary dip.
| Thing | Number |
|---|---|
| Two-year bond yield increase | 4 basis points |
| Two-year bond yield decrease since peak | About 30 basis points |
| Expected Fed rate cuts this year | Two (quarter-point each) |
