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Goldman Sachs on US bond market pressure weighing on the yen

Goldman Sachs on US bond market pressure weighing on the yen

Snippet from a Goldman Sachs note on Friday, arguing that rising inflation-adjusted US yields typically weakens the yen.

As investors and traders persist in pricing solid US economic growth and the Federal Open Market Committee (FOMC) rate hiking more that has been expected there is scope for more weakness for the yen

  • We have repeatedly said that US real rates should matter most
  • the current market environment looks less favorable for significant dollar-yen downside,... Read More
Posted: Feb 27 2023, 02:41
Author Name: forexlive
Views: 102395

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