Forexlive
Powell exits after one of the wildest Fed eras in history
Powell exits amid another bond market surgeJerome Powell is leaving the Fed chairmanship at a time when the bond market is once again under pressure. The 10-year Treasury yield is posting its largest weekly rise since April 2025, climbing 23.5 basis points, or 5.39%, in just one week. After ending 2025 near 4.16%, the yield fell to a low of 3.926% before surging to as high as 4.599% today.
CAD
Source: Finnhub