Treasury yields pushing higher
USD/JPY hit a wobble and fell to a European low of 100.02 but a slump in Treasuries has helped spark a rebound to 100.22.
US 30-year yields have moved up 4.2 bps to 2.30 with most of the move in the past hour. US 10s are up 5 bps to 1.58%. Perhaps most importantly, 2s are up 4 bps to 0.74%. All the moves are within the recent ranges.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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