U.S. Treasury yields may rise due to Powell's speech suggesting a slowdown in interest rate cuts

ChainCatcher news, according to Jinshi reports, U.S. Treasury yields have slightly declined during the European session. However, Exness financial market strategist Inki Cho stated in the report that yields may rise again before the Jackson Hole annual meeting. Cho mentioned that if investors' recent bets on a Federal Reserve rate cut recede, yields could increase. If Powell's tone suggests a slowdown in the pace of rate cuts, yields may climb further.