2025.08.1902:37:42UTC+00US 10-Year Yield Holds Advance

The yield on the 10-year US Treasury note remained steady above 4.33% on Tuesday, marking its fourth consecutive day of increase. Investors are closely monitoring the upcoming Federal Reserve's Jackson Hole symposium and the anticipated release of the July meeting minutes. This week, central bankers and policymakers globally will gather in Wyoming to evaluate labor market trends, with traders keenly observing for any indications regarding future interest rate trajectories. Federal Reserve Chair Jerome Powell is also slated to provide commentary on the economic forecast and the Fed's policy direction. Further interest is directed towards the July Federal Open Market Committee (FOMC) minutes, where, notably, several governors dissented for the first time since late 1993. Fed officials Michelle Bowman and Christopher Waller advocated for a quarter-point rate reduction, diverging from the majority's choice to maintain current rates. On the economic data front, attention is on the forthcoming reports concerning housing starts, home sales, and jobless claims. Additionally, earnings releases from major US retailers will offer insights into consumer spending strength.