Treasury Yields Steady as Markets Await Warsh's Keynote Speech
U.S. Treasury yields remained steady early Friday as investors awaited Federal Reserve Chair Kevin Warsh's keynote speech at the Jackson Hole Economic Policy Symposium.
The 10-year note yield held at 4.676%, while the 30-year bond was at 5.199% and the 2-year note remained flat at 4.229%.
Warsh, who began his term in May, has been reserved about economic outlook and policy direction, so his remarks are expected to focus on broad themes rather than specific policy paths.