Group 1 - Treasury bonds experienced a rally for the first time since the recent Federal Reserve rate decision, as investors anticipated a significant address from Chair Jerome Powell [1][2] - Over the past five days, Treasury bonds have been declining, resulting in benchmark 10-year note yields increasing by approximately 15 basis points [2] - The Federal Reserve lowered its benchmark lending rate by a quarter point, marking the first reduction in nine months, while also raising its near-term forecasts for growth and inflation [2][3] Group 2 - The mixed signals from the Federal Reserve indicate a potential focus on labor market weaknesses, while suggesting that inflation pressures linked to tariffs may be temporary [3]