ING senior rates strategists Michiel Tukker and Benjamin Schroeder say in a note. “Markets are already fully pricing in four consecutive 25 basis-point cuts, which prevents the front end of the ...

ING's Padhraic Garvey and Benjamin Schroeder said in a note. "The front-end [of the Treasury yield curve] is already fully discounting only one more Fed cut for this year," the strategists said.

Benjamin Schroeder is a senior rates strategist at ING in Amsterdam. Before joining ING in 2016, he worked in fixed income research at Dresdner Kleinwort and Commerzbank in Frankfurt, Germany.