USD/JPY resumes focus on US 10 year yield – Westpac

USD/JPY spent the early part of May hovering near 110 but lacking the catalyst to make a convincing break higher and somewhat out of the blue, the closely-watched 10 year Treasury note punched through resistance to reach yield highs since mid-2011, explains Sean Callow, Research Analyst at Westpac. Key Quotes “It is too soon to […]

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