Bond investors are closely watching for Federal Reserve Chair Jerome Powell’s comments on Wednesday, hoping they will sustain the ongoing rally in the $29 trillion Treasury market. So far this year, US government bonds have returned 2.4%, driving yields to their lowest since 2025. This has been influenced by a stock market sell-off and retaliatory tariffs from trade partners due to President Donald Trump’s tariff policies, leading to forecasts of slower economic growth and renewed inflation concerns. — news from Bloomberg
