STOCKS | U.S. Treasury Yields Reverse Sharply as Powell Makes Jackson Hole Debut

According to Wallstreetcn, U.S. 10-year Treasury yields staged a sharp V-shaped reversal as Fed Chair Jerome Powell made his Jackson Hole global central bankers' conference debut, hitting a daily low of 4.6485% at 22:00 (UTC+8) before rebounding to near the 20:32 daily high of 4.6941%; 2-year Treasury yields fell to a daily low of 4.2135% at 21:59 (UTC+8) before rebounding to a daily high of 4.2938% at 22:14 (UTC+8), and 30-year Treasury yields briefly dropped below 5.17% to a daily low.