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US 10-year Treasury yields (%) every day chart
This carries over the dialog from earlier this week right here. And as yields proceed to development sideways, it’s nonetheless leaving merchants with extra questions in the meanwhile.
10-year yields within the US are trapped between the 4.20% mark and its 100-day shifting common at round 4.315% at the moment. And that technical internet seems to be trapping FX merchants as nicely for probably the most half.
The greenback has been relatively indecisive in buying and selling this week, with USD/JPY particularly simply working in between 150.00 to 150.80 principally over the previous two weeks.
Month-end flows can be a consideration at the moment and tomorrow. Nevertheless, if that does not result in wherever in Treasury yields, I am afraid that is not going to supply a lot assist for the greenback to get unstuck as nicely. No less than that would be the case for buying and selling this week.
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