
The two-year U.S. Treasury yield fell more than 7.5 basis points on "Powell Speech Day."
On Wednesday (April 16), at the close in New York, the yield on the U.S. 10-year benchmark Treasury bond fell by 5.62 basis points to 4.2768%, trading within a range of 4.3504%-4.2613% during the day.
The yield on the two-year U.S. Treasury bond dropped by 7.54 basis points to 3.7695%, after a "gap down" opening, trading within a range of 3.8281%-3.7675% during the day