Thursday, January 28, 2021

US 10-year yields proceed to inch larger forward of as we speak’s public sale

The place will actual cash land?

Where will real money land?

The US is elevating $38B as we speak through a 10-year public sale at 1 pm ET. The bond market has been driving the bus in FX for the reason that Georgia runoff and is more and more driving it throughout broader markets.

Charges are up three bps and there isn’t any actual barrier to a continued grind larger.

Curiously although, there isn’t any follow-through within the US greenback as we speak. I will be watching that carefully.

For financial institution commerce concepts, take a look at eFX Plus

Please Post Your Comments & Reviews

Your email address will not be published. Required fields are marked *