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Treasuries catch a fresh bid, weakening the dollar

Aside from all the geopolitical risk, yesterday's trading was fraught because the bond market was closed for a minor US holiday. That created an odd liquidity profile and uncertain market signals. When fixed income trading reopened in Asia, yields plunged but had been creeping back up since. Now that we're back to peak US liquidity, there is some buying in bonds again as US 10-year yields have fallen to 4.67% from 4.71%.The market isn't just digesting the Middle East either, the Fed's Logan yest... Read More

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Content Topics

Treasuries

Catch

Fresh

Bid

Weakening

Dollar

Forex

Posted: Oct 10 2023, 14:20

Author Name: forexlive

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