The two-year Treasury yield fell more than 9 basis points on the day of Powell's speech
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最新报道：According to a report by Bijie.com, the 10-year benchmark U.S. Treasury yield fell 7.39 basis points to 4.2537% in late New York trading on Friday (August 22). At 10:00 PM Beijing time, while Federal Reserve Chairman Powell was speaking at the Jackson Hole Global Central Bank Annual Meeting, the yield plummeted from above 4.3% to near 4.24%, and subsequently continued to fluctuate at a low level. For the week, the yield fell 6.22 basis points, exhibiting an M-shaped trend, trading in a range of 4.3511% to 4.2402%. The 2-year Treasury yield fell 9.54 basis points to 3.6963%. Following Powell's dovish signal, the yield also plunged from 3.78% to below 3.7%, and then continued to fluctuate at a low level. For the week, the yield fell 5.42 basis points, trading in a range of 3.8040% to 3.6732%.
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