Fixed Income And Currency Market

20 Jun 2021

USD rises, INR falls, as Fed points to rate hikes in 2023

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USD jumped last week against all of the major world currencies and the US 10 year benchmark bond yields posted their biggest one-day rise in three months on Wednesday. The Fed pointed to an improved economic outlook as the reason for accelerating the path to monetary policy normalization.

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Ketan Verma
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