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Inflation back on the menu in European trading today

The dollar remains in an imperial spot as the bond rout continues, once again picking up in US trading yesterday. 10-year yields in the US are up to 4.60% as the selling in bonds are also impacting broader market sentiment in general. Stocks were under pressure yesterday before some late buying helped out the Nasdaq - which might be related to month-end, quarter-end flows.It's all about what is happening with bonds right now and as long as yields continue to soar, the dollar will continue to ben...
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Posted: Sep 28 2023, 04:40
Author Name: forexlive
Views: 090393