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Bond yields continue to hold slightly lower on the day
10-year Treasury yields are down nearly 3 bps to 3.934% on the day, keeping with the retreat from Friday. Overall, that is helping to feed into calmer tones in the equities space with European indices slightly higher while US futures are looking flattish. However, the dollar is trading more mixed as it is holding its own so far on the session. There is a bit of a break in correlation between USD/JPY and 10-year yields in the US now:
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Posted: Mar 6 2023, 10:00
Author Name: forexlive
Views: 082171