Bond market action not providing much help for the dollar ...Middle East

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Bond market action not providing much help for the dollar
There was no arguing that the post-CPI surge higher in bond yields was a significant one. 10-year yields broke out of range between 3.80% and 4.20% but ultimately was capped by the 100-day moving average (purple line), now seen at 4.337%.While the break above 4.20% was encouraging, the ceiling at the 100-day moving average also served to cap the dollar's gains this week.10-year yields are now at 4.265% on the day but in the bigger picture, it is sort of stuck in between 4.20% and the 100-day moving average now.As such, that is not really helping the dollar to repeat the Tuesday price action. USD/JPY is off the lows yesterday, moving back above the 150.00 mark today. However, the next leg hig

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