In the equities space, there is some hopeful optimism. But for Treasuries, there is still some apprehension. 30-year yields at 4.87% are still on the high side and holding more than 50 bps above the lows from early last week. Even 10-year yields are at 4.46% currently, and likewise is some 58 bps above the lows from last week.
Taking all of that in, it indicates that the bond market remains very much on edge in the new week. Traders will be looking to what Trump will do next but if anything, it will take some time or some bigger gesture to calm the nerves here.
This article was written by Justin Low at www.forexlive.com. Read More Details
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