U.S. earnings drop post Federal Reserve easing

U.S. Treasury yields declined following remarks from Federal Reserve Board member Christopher Waller, who suggested that interest rates might be held steady if inflation indicators continue to slow. This comes amid expectations of the worst U.S. jobs report to be released on Friday. The yield on the 10-year Treasury fell by approximately 3.9 basis points to 4.755%, while the two-year Treasury yield dropped by 5.4 basis points to 4.332%. Meanwhile, global markets saw a decline in the yields of German and French bonds amid concerns over financing and debt issues. Tensions in the oil and Gulf markets continue to influence financial trends.

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