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US 10-Year Yield Is Ending 2023 Almost Exactly Where It Started
After a year of massive swings and numerous head fakes, the US 10-year yield is poised to end 2023 almost exactly where it began. It’s an almost farcical conclusion to 12 months of trading that saw rates on the benchmark — a global anchor for markets and US mortgage rates — tumble to as low as 3.25% in the wake of March’s banking crisis, only to surpass 5% for the first time in 16 years just a few months later. The moves reflect a broader volatility after markets entered the year pricing for a recession, only for a resilient economy underlined by a tight jobs sector to keep the Fed raising interest rates ... (full story)
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From invezz.com|Dec 29, 2023|1 commentThe Japanese yen has ended the year on a high note as the US dollar index (DXY) sell-off has gained steam. The USD/JPY exchange rate retreated to a low of 141.75 on Friday, its ...
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From fridayspeedrun.substack.com|Dec 29, 2023|2 commentsIt has been quite the year in macro as every single theme had a half-life measured in weeks and the consensus got hurt short the front end in March, and short the back end in ...
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- Posted: Dec 29, 2023 1:04pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,297
