Treasury Yields Drop Amidst Trade, Fiscal Uncertainty | JQJO

Treasury yields fell on Tuesday, with the 30-year yield down over 6 basis points to 4.975% and the 10-year yield dropping nearly 5 basis points to 4.465%. This follows a volatile period including a global bond rout triggered by Moody's US credit downgrade and concerns over Trump's tax plan. President Trump's postponement of EU tariffs to July 9th also influenced the market. Investors await the Federal Reserve's meeting minutes and April's core PCE price index data.