10-year sovereign debt yields
Seasonality of the Dollar in Early January and Some Reflections on Rising Long-Term Treasury Yields
January 15, 2018
The dollar depreciated by 2.2% against the euro in the first half of January. That loss brings to three the streak of declines at the start of a calendar year. In the first January halves of 2016 and 2017, the dollar had on balance lost 0.5% and 0.6% relative to the common European currency. The […] More
Yen Weakens to a Six-Week Low
May 2, 2017
The yen is down 0.3% on balance after touching an overnight low of 112.32 per dollar, its weakest value since March 21. Japan’s services purchasing managers index and composite PMI slipped to 2-month lows of 52.2 and 52.6 in April from 19-month peaks set in March. On-year growth in Japan’s monetary base slid under 20% […] More
