The bond market has some second thoughts on the jobs data
Summary
By sueyangfx.com May 07, 2021 at 02:22PM Yields quickly rebound US 10-year yields are back up to 1.54% from a low of 1.46%. We’re seeing a smaller retracement in the dollar. I think that some of this is disbelief and […]
More On Forexlive RSS Breaking News Feed
- Eurozone June trade balance €12.4 billion vs €9.3 billion expected
- Eurozone June industrial production -0.3% vs -0.2% m/m expected
- Eurozone May trade balance €9.4 billion vs €7.9 billion expected
- Eurozone May industrial production -1.0% vs -0.3% m/m expected
- ECBs Knot: Ground for Euro area recovery getting firmer and firmer
May 07, 2021 at 02:22PM
Yields quickly rebound
US 10-year yields are back up to 1.54% from a low of 1.46%. We’re seeing a smaller retracement in the dollar.
I think that some of this is disbelief and some of it is true skepticism of the number. I don’t think anyone is suddenly downshifting their view on the US economy because there