Federal Reserve Chairperson Jerome Powell said he was concerned about the rise in U.S. Treasury yields, which are far from their previous levels. It is too early to determine the specific direction of the country's yields. He also said that bond interest rates reflect economic growth expectations; volatility in the bond market does not appear to be mainly influenced by rising expected inflation. Powell said that since the September meeting, the main economic activity data has been stronger; some...
Treasuries were higher as a weaker-than-expected U.S. producer price index (PPI) report supported the Federal Reserve to cut borrowing costs more aggressively this year. Tuesday's rise pushed the yield curve down by at least four basis points, with the two-year yield down about five basis points to just under 4 percent and the 10-year yield falling to around 3.9 percent. Jack McIntyre, portfolio manager at Brandywine Global Investment Management, said after the weak PPI report, "You can breathe ...
After most of the US Treasury bonds were sold off on Wednesday, yields rose, successfully boosting the trend of the dollar; the pound US index rose and fell under pressure, analysts believe it has not yet sent a bearish signal?