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US bond yields may rise again, experts follow Powell's speech at Jackson Hole.
[Golden Finance] According to reports, U.S. Treasury yields have dipped slightly during the European session. However, a strategy consultant from a Financial Institution, Inki Cho, stated in a report that yields may rise again before the Jackson Hole annual meeting. Fed Chairman Powell is scheduled to speak on Friday. Cho mentioned that if investors' recent bets on Fed rate cuts diminish, yields could rise. "If Powell's tone suggests a slowdown in the pace of rate cuts, yields may climb further."