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The bond market continues to hold all the cards

The main event yesterday was supposed to be the US CPI data but instead, it served to tee up yet another poor Treasury auction and that set off another round of heavy selling in bonds. In case you missed the headlines:US September CPI +3.7% y/y versus +3.6% y/y expectedUgly Treasury auction sends the dollar even higherThat is certainly keeping traders on their toes after having seen the bond rout abate in each of the last three days this week before yesterday.Right now, we're back to where we we... Read More

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Bond

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Continues

Hold

Cards

Forex

Posted: Oct 13 2023, 04:36

Author Name: forexlive

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