Bonds trend higher, currencies hunker down

Apr 20, 2022 | Currency, Economy, Money Market

20.4.22 Global rates continue their relentless trend higher. The US 10-year rate is closing in on 3% while the 10-year real yield approaching 0%. “As US rates march higher, USD/JPY continues to explode to the upside, with the currency pair hitting a fresh 20-year high of around 128.90 overnight,” says Nick Smyth at BNZ Markets. […]

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Bonds trend higher, currencies hunker down

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