Reported about 7 hours ago
US Treasuries are set to gain for the first time in five days as attention shifts to Federal Reserve Chairman Jerome Powell's upcoming speech, which may clarify the Fed's stance on interest rates. Yields have dropped across the board, reflecting cautious sentiment from last week's comments on rate cuts. As the market anticipates a bond auction and further guidance from Fed officials, uncertainty remains high, with mixed opinions on how to address the sluggish labor market and persistent inflation.
Source: YAHOO