Lower bond yields to start the session ...Middle East

European bond yields are leading the drop today, with 10-year German bond yields now down over 5 bps to 2.28% - its lowest in six months. It looks like Schnabel's remarks earlier here is reverberating somewhat as we get the session underway. Meanwhile, 10-year Treasury yields are also marked down by 5 bps to 4.235% on the day.All of this is keeping the Japanese yen underpinned, with USD/JPY down 0.3% to 146.80. The dollar may be lower there but it is sitting higher against the rest of the major currencies bloc as there looks to be some risk aversion creeping in. Equities are down, with S&P 500 futures lower by 0.4%, and alongside lower yields, it points to a retreat in risk trades for now.Go

Hence then, the article about lower bond yields to start the session was published today ( Tuesday 05/12/2023 - 11:05 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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