system
A chat on subreddit /r/wallstreetbets
human
So does that mean treasury yields dropped because highly possible rate cut?

gpt
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.