Powell faces a delicate balance as investors heavily buy long-term U.S. Treasuries ahead of his speech in Jackson Hole

ChainCatcher news, according to Jinshi reports, ahead of Federal Reserve Chairman Powell's upcoming speech at Jackson Hole, investors are heavily buying U.S. long-term government bonds, pushing yields down.

Recent data has cooled market expectations for a rate cut in September.

Powell faces a delicate balance and may avoid giving clear guidance before the release of August's non-farm payroll data.

Observers expect him to reiterate the Fed's independence from political pressure.