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Bond yields jump on sticky UK inflation data

Double-digits inflation in the UK is posing fresh questions to the market, as to whether higher and more sticky inflation had been too quickly ruled out in recent weeks. Bond yields are popping following the report here, with equities also taking a bit of a knock as market players start to have some doubts.10-year yields in the US are also up nearly 4 bps now to 3.608% and that is underpinning USD/JPY to fresh highs on the day near 134.70. This article was written by Justin Low... Read More

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Content Topics

Bond

Yields

Jump

Sticky

Inflation

Data

Forex

Posted: Apr 19 2023, 06:22

Author Name: forexlive

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