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(18 Jul 2025, 16:01)

US treasury yields soften as Fed's Waller calls for rate cut in July

The US Treasury yields slipped a bit on Friday as investors eyed coming economic data releases and comments from Federal Reserve governor Christopher Waller who called for a rate cut in July noting that any inflation from tariffs would be temporary, underscoring a divide within the central bank. Meanwhile, today’s US economic data calendar includes preliminary reading for July’s Michigan Consumer Sentiment, preliminary building permits and housing starts data. The 10-year yield has eased slightly from a five-week high and quotes around 4.44% mark right now.
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