US 10Y treasury yields remained stable at 4.49% as investors awaited key economic data, including inflation and jobless claims. Fed Chair Jerome Powell will testify before Congress, with US tariff policies expected to dominate discussions. President Trump announced a 25% tariff on all steel and aluminum imports, with additional tariff measures to be disclosed soon. China is preparing retaliatory tariffs, while the EU is ready to respond within an hour if US tariffs extend to European goods.