The US 10-year Treasury yield steadied near 4.14% on Tuesday after rising for four straight sessions, as traders dissected Federal Reserve comments for policy signals. Several officials called for caution on additional rate cuts, citing signs of stabilizing inflation, while new Governor Stephen Miran warned the Fed was misjudging policy tightness and endangering the labor market without deeper easing. Fed Chair Jerome Powell is set to speak later Tuesday. Markets also await Friday’s PCE price index, the Fed’s preferred inflation gauge, for fresh direction. Meanwhile, congressional budget talks to avert a September 30 government shutdown have added to investor uncertainty.
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