Treasury yields fall, dollar strengthens as Trump calms tensions with Fed Chair Powell

From Dow Jones & Company: 2025-04-23 09:09:00

Treasury yields decline and the dollar strengthens as Trump reassures he won’t fire Fed Chair Powell. Pressure for interest rate cuts affects safe-haven status of U.S. assets, leading to bonds and dollar selloff. Trump hints at substantial tariff reduction with China. March new home sales growth expected to slow in upcoming report.



Read more at Dow Jones & Company: Treasury Yields Fall as Tariffs, Fed Tensions Ease