November 29, 2022

Forex Solution

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US 10-year yields cut through 1.20%

1 min read

Another level gives way

Another level gives way

Bonds were the first sign of trouble coming to broad markets and they’re probably be the first sign of stabilization.

Some were drawing the line at 1.20% as a place to make a stand but that’s given way with yields now down 11.5 bps to 1.855%.

Equities are at the lows.

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