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Steady Treasury Yields Amid Powell's Testimony and Tariff Concerns

2/10/2025

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Summary

Story summary

U.S. Treasury yields remained steady, with the 10-year at 4.493% and the 2-year at 4.285%.
Key economic data, such as core inflation and retail sales, is anticipated this week.
Federal Reserve Chair Jerome Powell's upcoming testimony before Congress may shape future monetary policy.
President Trump's proposed 25% tariff on steel and aluminum imports raises economic impact concerns.

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Story summary

U.S. Treasury yields remained steady, with the 10-year at 4.493% and the 2-year at 4.285%.
Key economic data, such as core inflation and retail sales, is anticipated this week.
Federal Reserve Chair Jerome Powell's upcoming testimony before Congress may shape future monetary policy.
President Trump's proposed 25% tariff on steel and aluminum imports raises economic impact concerns.