Asian Session: Markets Watch Cautiously the Move in Treasurys
| The Usd was stronger in the Asian Session, as investors retreated from risky assets. The EurUsd traded down to 1.3793 from 1.3940, while the UsdJpy from 97.05 to 95.50. However, FX took a back seat to the rather large selloff in the Treasury market. Investors retreated as Treasury yields pushed higher (US 10 year yield is now close to 3.70%, 50bp higher than a week ago), despite the fact that... | ||||||||||||||||||||
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