
concerns grow over Trump’s Powell criticism
U.S. Treasury yields were lower on Thursday amid renewed concerns that President Donald Trump is considering replacing Federal Reserve Chairman Jerome Powell. The 10-year Treasury yield fell 1.2 basis points to 4.281%, while the 2-year yield was lower over 2 basis points to 3.758%. The 30-year yield shed less than 1 basis point to 4.839%. One basis point is equal to 0.01%…