Traders are actively assessing the likelihood of Federal Reserve interest rate cuts for the year. While the Fed will likely remain idle this month, more long-term forecasts indicate a 25% chance of two rate cuts,

The spread between 30-year mortgages and 10-year yields typically fluctuates between 100 and 300 basis points. Read more here.

The Federal Reserve will keep interest rates steady through the first half of the year, before delivering two reductions beginning in September, according to economists surveyed by Bloomberg News.

(Reuters) -Softer U.S. labor market conditions against the backdrop of trade-policy uncertainty have prompted Barclays to raise its expectations to two rate cuts by the Federal Reserve for the year from one.

Barclays has lowered its expectations; now, it thinks the Federal Reserve will cut interest rates twice this year instead of once. This is due to unclear trade policy and the weakening U.S. job market.