Fixed Income And Currency Market

28 Feb 2021

USD Gains as Inflation Fears Push Yields Higher

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USD climbed last week, lifted by a sharp rise in U.S. Treasury yields, while riskier currencies were hit hard amid fears that central banks will have to tighten sooner than previously expected. The yield on the US 10 year treasury closed at 1.41%, its highest level since the start of the pandemic.

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Ketan Verma
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