Treasury yields may rise as Powell's speech hints at slowing rate cuts
2025-08-19 09:32:53
US Treasury yields were slightly lower in European trading. However, Inki Cho, a strategist at Exness financial marekt, said in a note that yields could move higher again ahead of the Jackson Hole annual meeting. Federal Reserve Chairperson Jerome Powell is scheduled to speak on Friday. Cho said yields could rise if investors' recent bets on the Federal Reserve to cut interest rates have eased. "If Powell's tone suggests a slower pace of rate cuts, yields could climb further."
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