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5% yields? Not so fast..
10-year yields in the US are down 4.9 bps on the day to 4.939% now, after having come close to brush up against the key 5% mark. As geopolitical tensions are still persisting, that is perhaps offering some counter flows but I reckon bond traders might also be looking to take some off amid fears of a potential retracement move.USD/JPY is still looking perky at 149.87 currently as buyers continue to poke and prod near the 150.00 mark. But as mentioned yesterday, in lieu of higher yields this week...
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Posted: Oct 20 2023, 04:27
Author Name: forexlive
Views: 112771