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Plummeting Treasury yields a bright spot for auto lenders’ funding costs

2-year Treasury yields have fallen 32 bps in three days

Joey Pizzolato

Treasury yields are falling following the central bank’s indication Dec. 13 that it would cut rates next year, indicating a coming reprieve for auto lenders’ cost of funds. The Federal Open Market Committee held the benchmark interest rate steady for its second straight meeting and said it would look to cut rates by as much […]

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