US bonds fell after Federal Reserve Chair Jerome Powell pushed back again the prospect of an interest-rate cut in March, further dashing hopes of a speedy pivot toward easier monetary policy. Short-dated Treasuries, which move in tandem with the outlook for rates, led losses, with two-year yields rising as much as 10 basis points to a one-month high of 4.46%. The chance of a quarter-point cut in March fell to almost 10% after Powell said in an interview with CBS’s 60 Minutes aired Sunday that Americans may have to wait beyond the Fed’s next meeting to cut interest rates. Just four weeks ago, a move by then was ... (full story)