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Treasury yields slide however the US greenback is reluctant to observe

EUR/USD is on the highs of the day, up 23 pips to 1.0723 however in any other case, the US greenback is struggling to seek out traction.

That will probably be one thing to regulate as a result of Treasury yields are on the lows of the day throughout the curve, together with a 5.5 bps dip in 10s to 4.26%. One of many causes is that we’re nonetheless comfortably above the 4.20% prime of the pre-CPI vary.

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