U.S. Treasury yields fall after Wilbur's rate stance
U.S. Treasury bond yields for 10, 30, and 2 years declined following remarks by Federal Reserve Chair Christopher Waller, who indicated his inclination to support keeping interest rates unchanged at the upcoming central bank meeting. The yield on the 10-year bond fell to 4.74%, the 30-year bond yield dropped to 5.23%, and the two-year yield decreased to 4.30%. Waller confirmed that inflation remains above the 2% target but pointed to signs of easing inflation in upcoming data, which could support maintaining the current interest rate level. This comes after a previous surge in yields driven by concerns over inflation, debt levels, and global energy prices.
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