US 10-year yields are down 7 bps to 4.16% today. That's the lowest so far this year and within striking distance of the December intraday low of 4.126%.
Beyond that, 4.00% and the September low of 3.60%. That low came on big concerns about a slowing US economy and with the Fed rapidly cutting rates (or seen as behind the curve). Given the inflationary worries and declining data, we could quickly find ourselves in the same situation.
USD/JPY tracks yields and there is a double bottom near 148.50 with spot about 100 pips above that. In September the pair fell to 140.00 as yields bottomed.
This article was written by Adam Button at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( US 10-year yields near the December lows )
Also on site :
- RHOM star Larsa Pippen got ‘boob job, nose job, BBL and fillers’ to look like a ‘doll,’ top plastic surgeon claims
- Beloved '90s Actress, 53, Goes Makeup Free in Rare Summer Photos With Husband: 'Make the Time'
- This Underrated Snack Might Be the Secret to Better Health, According to a New Study