Deutsche Bank: Powell's speech is not expected to have a significant impact on US Treasury yields

Deutsche Bank economists said that historical data shows that US Treasury yields may react to Federal Reserve Chairman Powell's speech on Friday at Jackson Hole, but only by 5 basis points. Nevertheless, the market "will still look for any clues about how the FOMC will handle future interest rate cuts, pace, and magnitude, and any substantive signals could have a significant impact on the market."