LIVE Dow Set to Open Up Ahead of Powell's Fed Speech Last Updated: 27 min ago Treasury Bonds Nudge Higher With Powell, 2-Year Auction in Focus By Treasury bonds have been falling for most of the past 5 days, pushing benchmark 10-year note yields around 15 basis points higher. The central bank lowered its benchmark lending rate by a quarter point, marking the first reduction in 9 months, but also lifted its near-term forecasts for growth and inflation. The mixed messaging suggests the Fed may focus more acut ...