Higher US bond yields lift US dollar

Aug 8, 2022 | Currency, Economy, Money Market

A very US strong nonfarm payrolls – across jobs growth, unemployment, and wages – triggered a big move higher in US bond yields on Friday night, notes BNZ Markets. The US 10-year rate blasted 14bps higher, to 2.83%, as the market moved to price an almost 80% chance of a 75bps Fed hike in September, […]

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Higher US bond yields lift US dollar

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