Strategist: US Treasury yields may remain around current levels.

Jin10 data reported on July 16, Exness strategists stated that U.S. Treasury yields remain high and may stay near current levels. The cooling expectations for Fed rate cuts are one of the reasons for the persistently high yields. Meanwhile, the political pressure to demand Fed rate cuts has made the outlook unclear. The strategists pointed out that if the market's confidence in the Fed's independence is weakened amidst calls for the impeachment of Fed Chair Powell, then Treasury yields could further rise. President Trump has intensified criticism of Chair Powell, linking the Fed's headquarters construction cost overruns with the possibility of impeachment.