U.S. Treasury yields were higher at the long end of the curve as investors assess the outlook for interest rates ahead of the Fed’s Jackson Hole symposium.
fell more than 3 basis points to 4.3771%. Yields move inversely to prices. At the shorter end of the curve, yields were marginally higher.
Fed Chairman Jerome Powell will speak at the conclusion of the two-day symposium in Wyoming on Friday, with a slew of central bank officials due to give remarks before that.
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