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EUR/USD: Dollar drops as Treasury yields reverse initial surge to 5.00%

EUR/USD: Dollar drops as Treasury yields reverse initial surge to 5.00%
10-year Treasury tested 5.00% for the first time since 2007 This latest bond market selloff could lead to a harder-hitting economic slowdown Strategists don’t believe the recent data support this bond market move; strong buying emerged once yields hit 5.00% Wall Street is trying to understand how the US economy will be able to deliver […]... Read More
Posted: Oct 23 2023, 17:26
Author Name: marketpulse
Views: 091953

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