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A reminder of what happened when US 10-year yields hit 4% last year

Here's a reminder of what happened in September 2022 when US 10s hit 4% for the first time this cycle. Yields traced out a huge intraday reversal and eventually fell all the way to 3.59% in a week.Ultimately, that proved to be a short-term move and yields reached new highs within a month but it's a reminder of how real money can pile at big levels.Today, US 10s are down to 4.97% from a high of 5.02% and that's reversed some of the dollar's gains. The FX market doesn't appear to be believing in t... Read More

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Reminder

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10 Year

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10 year

Forex

Posted: Oct 23 2023, 13:07

Author Name: forexlive

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