Treasury Market Reacts to Economic Data, Awaits Powell's Speech

Treasury bonds had a tough week.

People are unsure what the Federal Reserve will do with interest rates.

Some economic numbers are pointing in different directions.

Investors are looking at a big meeting where the head of the Fed, Jerome Powell, will speak, hoping for clues.

There's a good chance the Fed might cut rates in September, but it depends on upcoming jobs reports.

If the economy slows down, the Fed might cut more rates.