Treasury yields and the dollar take an extra impulse as Fed Chair Powell expresses confidence on a soft landing. The 10-year reaches 3.80%, almost erasing September losses, while the WSJ Dollar Index rises 0.

Treasury yields fall as August PCE report comes in milder than expected, potentially supporting another bulky 50-basis-point interest rate cut by the Fed in November. The 12-month inflation reading was 2.

U.S. Treasury yields fell on Tuesday as investors sought safety amid rising tensions in the Middle East.The yield on the 10-year Treasury slid more than 6 basis points to 3.741%. The 2-year Treasury yield dropped over 3 basis points to trade at 3.