USD/JPY dips after strong Treasury auction ...Middle East

The US dollar came under pressure after a surprisingly strong auction of US 10-year notes.Demand was expected to be tepid ahead of tomorrow's CPI report and the FOMC decision but bids were 2 bps below where the market was trading and the $39 billion in new supply was easily absorbed. That was all-the-more surprising given than 15 of the past 16 ten-year reopening auctions tailed.The result seems to cap US 10s below 4.50%, perhaps as the market sniffs out an economic slowdown and political turmoil. At the same time, it's tough to have any kind of confidence in that call given the events coming in the next 24 hours.In any case, USD/JPY tracked the move lower in yields, falling to 157.21 from a

Hence then, the article about usd jpy dips after strong treasury auction was published today ( Tuesday 11/06/2024 - 08:37 PM ) 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.

Read More Details
Finally We wish PressBee provided you with enough information of ( USD/JPY dips after strong Treasury auction )

Last updated : 11 June 2024 clock 08:37 PM

Also on site :

USD/JPY dips after strong Treasury auction ...Middle East

UK hypermobility sufferers wait up to 21 years for diagnosis, study suggests

Skydiving plane crash investigations often reveal poor maintenance and weak safety oversight

Rainn Wilson Claims ‘The Office’ Was too ‘Inappropriate’ to Be Made Today, Seemingly Forgetting About Peacock Sequel ‘The Paper’

‘The Furious’, ‘Stop! That! Train!’, ‘The Amazing Digital Circus’ Round Out Top 10; Classic Cold War Noir ‘The Third Man’ Rerelease – Specialty Box Office

Films of the Week: 15–21 June

Russian Orthodox Church leader blesses foundation of church in honor of revered saint (VIDEO)

Webb sharp again, Giants beat Cubs 5-1 to avoid series sweep

Globally significant volcanic event formed Giant’s Causeway, scientists find

Why McLean Stevenson Quit MAS*H After Just Three Seasons

BREAKING: US, Iran announce ceasefire agreement

EE.UU. e Irán logran un acuerdo que pondrá fin al bloqueo naval en el estrecho de Ormuz

Trump Claims Strait Will be ‘Permanently Toll Free’ Under Agreement With Iran

Switzerland rejects proposal to cap population at 10 million

Oliver Tree Revealed Details of Will in One of His Final Interviews

A slavery exhibit becomes a flashpoint in Philadelphia ahead of America's 250th