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Dollar off the lows
Bonds are slumping and that’s given the dollar some new life.
US 10-year yields are up 4 bps to 1.31%. The high yesterday was 1.33%.
Similarly, long bonds are up 5.8 bps and about 2 bps from yesterday’s high. 30s have broken above a channel and are having a look at the Feb
Search Web: US dollar finds a footing as Treasury yields pop
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