We’re down 3 bp from yesterday’s closing levels and trade just below 1.87% yield in US 10s. A move through the 1.85% area will signal risk aversion has revived. That would imply a deeper profit-taking pullback in USD/JPY.
We’re down 3 bp from yesterday’s closing levels and trade just below 1.87% yield in US 10s. A move through the 1.85% area will signal risk aversion has revived. That would imply a deeper profit-taking pullback in USD/JPY.
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