Biden and Powell are Center Stage
Marc Chandler
April 28, 2021
Overview: It appears that the backing up of US yields is giving the dollar a better tone and challenging the Eurosystem, which has stepped up its bond purchases. The US 10-year yield is around 1.65%, roughly a two-week high and back above the 20-day moving average. European yields are mostly 2-4 bp higher, but benchmark UK yield is up six basis …
Biden and Powell are Center Stage
Reviewed by Marc Chandler
on
April 28, 2021
Rating:
