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The bond market continues to hog the spotlight

That is the highest in 16 years as the rout in bonds continue to gather pace on the week. Traders were already on edge earlier this week but the Fed vindicated the selling momentum and has seen yields shoot higher as a result.With the BOJ not walking the talk today, the yen is facing a buy the rumour, sell the fact moment now. And that could mean some catching up to do for USD/JPY, with the pair now up 0.4% to 148.17 on the day. That being said, there is the thought of intervention fears to be m...
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Posted: Sep 22 2023, 04:10
Author Name: forexlive
Views: 091020