The dollar index continues to benefit from several key factors – growing expectations for more hawkish Fed, as rising oil prices fuel inflation, strong risk aversion environment that boosts its safe-haven appeal and sharp selloff in bond market that pushed the yield on benchmark 10-year Treasury bond to the highest since 2022. Thursday’s advance cracked […]
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The sell-off in global bond markets is causing headaches around the world. Higher benchmark interest rates mean higher borrowing costs for governments, companies and households alike. A bond market rout is therefore dicey territory for Read more…
In focus today From the US, the minutes from the September FOMC meeting will be released tonight. We will look for signs of the FOMC being more divided than the unanimous decision to hike rates Read more…
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