The bond market invites more questions ahead of month-end ...Middle East

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It's a tough one to figure out, besides a likely technical pushback in 10-year yields at the 100-day moving average:The fall on Friday sees yields drop a little further today as well to 4.228%, down 3 bps on the day. The surprising thing is that the dollar is still holding rather resilient for now. USD/JPY in particular is still keeping above the 150.00 mark around 150.40 currently.For now, the 100-day moving average near 4.32% is keeping a lid on yields with downside more limited closer to 4.20%.There are definitely some mixed flows playing out since the end of last week. And with month-end trading in focus this week, we might not get much clarity on how things might play out in the days ah

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Last updated : 26 February 2024 clock 08:33 AM

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The bond market invites more questions ahead of month-end ...Middle East

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