Fixed Income And Currency Market

6 Feb 2022

UST yields above 1.9% amid NFP suprise

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USD ended the week sharply lower in nearly two years, as the Bank of England (BOE) and European Central Bank (ECB) tightened their monetary policies. Job growth rose far more than expected in January despite surging omicron cases driving 10yr UST yields higher by 11 bps to 1.93% on Friday.

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Ketan Verma
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