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US Treasury yields may rise due to Powell's speech hinting at slowing rate cuts

Summary: According to Jinshi's report, US Treasury yields edged lower during the European session. However, Inki Cho, financial market strategy advisor at Exness, stated in a report that yields may rise again before the Jackson Hole symposium. Cho mentioned that if investors' recent bets on Fed rate cuts diminish, yields could increase. If Powell's tone suggests ...

According to Jinshi's report, US Treasury yields edged lower during the European session. However, Inki Cho, financial market strategy advisor at Exness, stated in a report that yields may rise again before the Jackson Hole symposium. Cho mentioned that if investors' recent bets on Fed rate cuts diminish, yields could increase. If Powell's tone suggests a slowdown in rate cuts, yields may further climb.

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