The dollar has extended lower, concurrently with lower Treasury yields. The 10-year T-note yield has fallen back towards 1.500%, near yesterday’s low that was seen in the wake of the cooler than expected U.S. February CPI outcome. Stock markets have remained buoyant in Asia after the Dow hit a fresh record closing level on Wall […]
The dollar has extended lower, concurrently with lower Treasury yields. The 10-year T-note yield has fallen back below 1.520%, towards yesterday’s low near 1.500% that was seen in the wake of the cooler than expected U.S. February CPI outcome. Stock markets have remained buoyant in Asia after the Dow hit a fresh record closing level […]
The Dollar was weaker in N.Y. on Thursday, taking the DXY to one-week lows of 91.38 from early highs of 91.80. Better than expected initial and continuing jobless claims provided a brief boos to the Greenback early in the session, though despite slightly higher Treasury yields, the USD then turned broadly lower. Surging yields over […]
The dollar has rebounded from three consecutive days of decline, rising alongside a renewed steepening in the U.S. Treasury yield curve. The 10-year T-note yield vaulted back above 1.60% after briefly foraying below 1.50% yesterday. The catalyst came yesterday, when President Biden’s signed off on the $1.9 tln stimulus bill, which came alongside continued good […]
The dollar has rebounded from three consecutive days of decline, rising alongside a renewed steepening in the U.S. Treasury yield curve. The 10-year T-note yield has lifted back towards the 1.60% level after briefly foraying below 1.50% yesterday. President Biden’s signing off on the $1.9 tln stimulus bill, which came alongside continued good news on […]