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US holiday won't do markets much good today

The sudden turnaround in the bond market on Friday is definitely a curious one but perhaps it continues the theme from early August. The focus then was on the flood of supply in Treasuries, which still hasn't changed by the way, and traders might be responding to that dynamic again. This comes despite some pressure on US data, which includes the jump in the unemployment rate on Friday here.With US traders and the bond market itself being the ones in the driver's seat, the absence of that today w... Read More

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Holiday

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Much

Good

Today

Forex

Posted: Sep 4 2023, 04:26

Author Name: forexlive

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