Deutsche Bank: Powell's speech is not expected to have a significant impact on US bond yields

Jinshi data, August 20th, Deutsche Bank economists said in a report that historical data show that the U.S. bond yield may react to Fed Chairman Powell's speech on Friday at Jackson Hole, but the magnitude is only 5 basis points. Nevertheless, the market 'will still look for any clues on how the FOMC will handle the timing, pace, and magnitude of future rate cuts, and any substantial signals could have a significant impact on the market'.