It's been a rapid reversal as the US dollar sells off broadly in light of the move to peace in the Middle East and the swan dive in oil prices, which will curb inflation. The Fed now has more latitude to cut rates if jobs data stumbles and inflation stays low.
That said, I believe yields will need to fall further to sustain any real challenge of 142.00.
This article was written by Adam Button at www.forexlive.com. Read More Details
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