Treasury yields continue to jump after U.S. data, Powell interview

Yields on U.S. government debt jumped Monday morning, as traders assessed another batch of strong economic data and Fed Chairman Jerome Powell’s weekend comments about the need to “carefully” approach the timing of interest-rate cuts.

Treasury yields continue to jump after U.S. data, Powell interview
Yields on U.S. government debt jumped Monday morning, as traders assessed another batch of strong economic data and Fed Chairman Jerome Powell’s weekend comments about the need to “carefully” approach the timing of interest-rate cuts.