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 rise but remain on path for a sharp decline this quarter, a period in which the Fed turned to interest rate cuts. The CME's FedWatch tool prices odds of a 25-basis-point cut in November at 60%,

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.