Treasury yields edged higher Monday as investors weighed Fed Chair Jerome Powell’s Jackson Hole remarks and awaited key inflation data later this week, according to CNBC. The 10-year yield rose about one basis point to 4.26 and the 2-year climbed more than two basis points to 3.71 as of early morning trading. Powell signaled the possibility of a September rate cut but emphasized uncertainty in policy decisions due to shifts in tax, trade, and immigration. Lazard strategist Ronald Temple said the likelihood of a 25-basis-point cut increased following Powell’s speech. Markets now turn to Friday’s release of July’s core PCE index, the Fed’s preferred inflation gauge, expected to rise 2.9 year over year from 2.8 in June.