[Analyst: Powell's testimony seems unable to shake expectations of two rate cuts this year] Golden Finance reported that institutional analysts: U.S. Treasury yields had already begun to fall before Powell's testimony was released, falling to a new intraday low when the testimony was released, but then quickly rebounded. The dollar rebounded and risk assets rose. Powell's remarks tried to convey a message that risks are balanced. There seemed to be nothing in his prepared speech that changed the market's expectations for two rate cuts this year.