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HomeForex NewsTreasury yields bounce massive. USD/JPY follows. | Forexlive

Treasury yields bounce massive. USD/JPY follows. | Forexlive

There’s an early shut within the bond market at present at 2 pm Jap so it is an abbreviated session however definitely not a quiet one.

A crater in yields have changed into a big maintain. US 5-year yields have been down 22 bps on the lows however have trimmed that to simply 12 bps. It is comparable throughout the curve because the market fleshes out the state of play within the new quarter.

US 5 year yields

The strikes spotlight the issue in deciphering markets on the flip of the quarter and in holiday-thinned liquidity. With the flip in yields, USD/JPY has bounced.

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