Yields fall reverberates to broader markets to start the day ...Middle East

We're already starting to see some notable market moves on the day ahead of European trading. I would argue the main culprit to be the bond market, after the move there yesterday. 10-year Treasury yields fell below the threshold of what might've resembled a short-term bottom around 3.67%. And that is continuing today, with yields down another 2 bps to 3.62%. In turn, that is triggering some broader market moves so far today.USD/JPY in particular is down 1% to 141.00, not helped by some remarks by BOJ policymaker Nakagawa earlier here. The pair remains very closely tied to action in the bond market at the moment. And while I would've presumed it might be a quieter week, it seems like bond tra

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Yields fall reverberates to broader markets to start the day ...Middle East

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