10-, 30-year Treasurys post biggest 2-day losses in years on strong economic data, Powell interview

Long-dated Treasurys finished Monday with their biggest two-day losses since 2020 and 2022, after a batch of strong U.S. economic data and Federal Reserve Chair Jerome Powell’s weekend comments about the need to “carefully” approach the timing of interest-rate cuts.

10-, 30-year Treasurys post biggest 2-day losses in years on strong economic data, Powell interview
Long-dated Treasurys finished Monday with their biggest two-day losses since 2020 and 2022, after a batch of strong U.S. economic data and Federal Reserve Chair Jerome Powell’s weekend comments about the need to “carefully” approach the timing of interest-rate cuts.