Upcoming economic data and Powell's testimony could break US Treasury market out of narrow range
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#ff54e6e5 ver:0.38

Upcoming economic data and Powell's testimony could break US Treasury market out of narrow range. Yields on benchmark US 10-year Treasuries have been fluctuating between 4.20% and 4.35% since mid-June. The market is waiting for the release of employment data, followed by inflation numbers and Powell's appearance, which could impact the market outlook. Some investors believe that weakening data could lead to further rate cuts and increased allocations to fixed income, while others see a higher level of underlying strength in the US economy, limiting the longer-term downside for yields. #USTreasury #economicdata #Powelltestimony...

#newstr #UsTreasuryMarket #EmploymentData #Inflation #FederalReserve #BondYields 

 https://here.news/story/ff54e6e5?ver=0.38