U.S. Treasury prices rose across the board, and Powell stated that the Federal Reserve has "many paths for interest rates."

On Tuesday (June 24), at the New York close, the yield on the U.S. 10-year benchmark Treasury bond fell by 5.30 basis points to 4.2945%. During the day, it reached a high of 4.3692% at 21:24 Beijing time in a narrow trading range, followed by a "sharp" decline, hitting a low of 4.2827% at 02:45 (after the conclusion of Federal Reserve Chairman Jerome Powell's hearing).

The yield on the two-year U.S. Treasury bond fell by 3.81 basis points to 3.8251%, remaining in a downward trend throughout the day. It reached a high of 3.8632% before Powell provided clues about the Fed's interest rate cuts this year, then dropped to a low of 3.8019% at 01:36