Japanese Yen, USD/JPY, US Dollar, JGB, Treasury Yields, Crude Oil, Powell – Talking Points
- USD/JPY eyes brand-new highs with the US Dollar under examination
- JGB returns have been outshined by Treasury returns in advance of Powell
- If the Israel– Hamas battle broadens, will USD/JPY return to rallying?
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USD/JPY is homing know the highs over 150 with raised Japanese Government Bond (JGB) returns being overtaken by rising Treasury returns in a geopolitical atmosphere that has actually seen place possessions underpinned to a level.
10-year JGBs pushed 0.81% 2 weeks earlier and remain to trade close by at 0.76% entering into Tuesday’s session. At the very same time, the 10-year Treasury note is trading over 4.70% after overshadowing 4.88% earlier in the month.
The spread in between the bonds favours the US Dollar and may include upside stress to the …