U.S. Treasury yields rebounded after Fed Chair Powell's comments on inflation and interest rates. Concerns about potential U.S. involvement in Iran war boosted demand for safe-haven Treasuries. Foreigners reduced overall Treasury holdings in April, with China and Canada cutting their positions.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14826391/Yields-pare-losses-Feds-Powell-sees-inflation-increase.html
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