On September 16th, bond traders once again believe that the probability of Federal Reserve policymakers cutting interest rates by 50 basis points at this week's meeting is greater than 25 basis points. Swap pricing related to the Fed's interest rate decision shows that the probability of the Fed cutting interest rates by 50 basis points is more than 50%. This has pushed the yield of US 2-year Treasury bonds back to its lowest level in two years and dragged the dollar index to its lowest level si...