TREASURIES-U.S. yields drop after Fed’s Powell cautions on economy
Treasury yields dropped after
Federal Reserve Chair Jerome Powell said that trade and global
growth concerns continue to weigh on the U.S. economy in remarks
published Wednesday, bolstering expectations of an interest rate
cut in July.
Federal Reserve Chair Jerome Powell said that trade and global
growth concerns continue to weigh on the U.S. economy in remarks
published Wednesday, bolstering expectations of an interest rate
cut in July.
Posted by Reuters
