10-year Treasury yield remains below 4-month high as Fed’s Powell speaks

Yields on long-dated U.S. government debt continued to trade below their four-month highs on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.

Yields on long-dated U.S. government debt continued to trade below their four-month highs on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.