US Treasury yields climbed Thursday, with the 10-year yield up about 4 basis points to 4.319% and the 2-year yield rising over 2 basis points to 3.815%. This increase follows Federal Reserve Chairman Jerome Powell's concerns about inflation and economic growth risks stemming from President Trump's tariffs. Powell acknowledged a potential conflict between controlling inflation and supporting economic growth, but Deutsche Bank analysts believe the Fed isn't likely to react swiftly. Investors are awaiting further economic data releases.

Prepared by Christopher Adams and reviewed by editorial team.