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10-year Treasury yields clip the 5% mark

It's now a question of whether there will be follow through in US trading later. And more importantly perhaps, in which direction will traders lean towards before the end of the day? If yields are to break much higher from hereon, it should rightfully underpin the dollar further. However, the reaction so far to yields touching 5% is rather muted.I reckon that sort of tells us the balance of risks are lying more towards the downside for the greenback. That is if yields fall off and retrace from 5... Read More

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10 Year

Treasury

Yields

Clip

Mark

10 year

Forex

Posted: Oct 23 2023, 09:10

Author Name: forexlive

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