
U.S. Treasury prices and gold prices have fallen further, Powell states that the U.S. labor market has not weakened
The yield on the U.S. two-year Treasury bond rebounded from around 3.86% in the short term, approaching 3.90%, with an overall increase of nearly 3 basis points during the day.
Spot gold fell below $3,289, hitting a new daily low, with an overall decline of about 1.2%.
Traders are no longer fully betting that the Federal Reserve will cut interest rates in October