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Dollar slumps as yields retreat towards the end of the week

The dollar is down to start European trading as bond yields retreat from the highs as we look towards the end of the week. 10-year Treasury yields are down 4.6 bps to 4.550% now but the drop is even more stark in Europe with 10-year German bund yields down some 9.4 bps to 2.873% currently.The softer French inflation report here may be stoking some of the flames but keep in mind that month-end and quarter-end flows are also perhaps at play. And so, the best we can do is to continue to rely on the... Read More

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Content Topics

Dollar

Slumps

Yields

Retreat

Towards

Week

Forex

Posted: Sep 29 2023, 07:28

Author Name: forexlive

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