US 10-year Treasury yields (%) day by day chart
This carries over the dialog from earlier this week 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 transferring common at round 4.315% at the moment. And that technical internet appears to be like to be trapping FX merchants as effectively for probably the most half.
The greenback has been slightly 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 might be a consideration right this moment and tomorrow. Nevertheless, if that does not result in anyplace in Treasury yields, I am afraid that is not going to supply a lot assist for the greenback to get unstuck as effectively. At the very least that would be the case for buying and selling this week.
