Yields on U.S. government debt fell on Wednesday as investors digested the first of two days of congressional testimony from Federal Reserve Chairman Jerome Powell, which could offer more clarity on the central bank’s monetary policy plans in the face of surging inflation.
Yields on U.S. government debt fell on Wednesday as investors digested the first of two days of congressional testimony from Federal Reserve Chairman Jerome Powell, which could offer more clarity on the central bank’s monetary policy plans in the face of surging inflation.