[BRIEFING.COM] The market is moving mostly sideways ahead of the close.
The 10-yr yield settled two basis points higher at 3.64% and the 2-yr yield settled three basis points higher at 3.59%.
Going into tomorrow, the fed funds futures market sees a 63.0% implied likelihood of a 50-bps rate cut, up from 34.0% a week ago, according to the CME FedWatch Tool.