### Comment:
So does that mean treasury yields dropped because highly possible rate cut?

### REPLY:
The bond market often sniffs out things before the stock market does. The bond market started pricing in a rate cut months ago. Banks followed, by dropping the rates on their CD's.  
  
 NONE of this is a guarantee that rate cuts will actually happen (even though they probably will). NONE of this (or at least, probably very little) is based off of 'inside info' like you suggest.

### END.