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Stocks Sag, Bond Yields Firm As Yen Sinks Further

Stocks sagged and Bond Yields firmed on Thursday as looming central bank rate meetings cast a shadow over largely resilient corporate earnings so far which have failed to dispel downbeat investor sentiment. The strong dollar continued to loom over currency markets, with the yen sinking to a 32-year low against the greenback. Investors braced for intervention as the Japanese currency fell below 150 for the first time since 1990. U.S. 10-year Treasury yields touched a 14-year high, while 2-year German government bond yields rose to their highest since December 2008. “There is a concern the economy over the course of […]

The post Stocks Sag, Bond Yields Firm As Yen Sinks Further appeared first on Vladimir Ribakov.



This post first appeared on Professional Forex Trader And Mentor, please read the originial post: here

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Stocks Sag, Bond Yields Firm As Yen Sinks Further

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