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Trump criticizes Powell, US Treasury yields are mixed

Internet reported that the yield on the 10-year U.S. Treasury bond rose, while the yield on the 2-year U.S. Treasury bond fell as investors worried about the fate of Federal Reserve Chairman Powell and the trade war affected market sentiment. The U.S. Consultative Conference Board's leading indicators deteriorated for the fourth consecutive month in March. Trump used social media to call for interest rate cuts and criticize Powell, fueling concerns about doves interference. Data due to be released by the U.S. Treasury Department on Wednesday is expected to show whether foreign investors are becoming increasingly reluctant to fund the U.S. government.

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