US treasury yields are dropping across board, as speculators are increasing their bets over a slower pace of hikes in the US. Market has pushed back rate hike expectation from June to around September. FED participants k…
US treasury yields are dropping across board, as speculators are increasing their bets over a slower pace of hikes in the US.
Market has pushed back rate hike expectation from June to around September. FED participants kept the possibilities open for a hike at any of the three meetings, namely June, July and September.
Recent rush of dollar and falling inflation has provided FED enough room to wiggle and tweak.
However dovish comments and projections by FOMC participants are doing havoc in dollar and treasury markets. 2 year yield is trading around 0.56% compared to 0.68% before FOMC. Yield curve is explained in the chart.
Latest dollar move higher, prior to FOMC was fueled partially by rising treasury yields. So lower treasury yields are not good news for dollar.
For yield hungry pension funds, sovereign wealth fund it might still make sense to invest at a better yield than what's being offered across Europe, however they might choose to wait for the dust to settle down and FED's stance clears up.
Cross currency pairs are quite attractive namely the pound and kiwi based. Dollar index is currently trading at 97.3, down 0.5% today.
Australia's September 2026 labour report shocked to the negative: unemployment climbed to 4.7% from 4.6% and employment dropped by 39,300 against expectations for a 20,000 increase. Part-time work dropped by 73,700, whic…
UNCX Network, a cryptocurrency token vesting platform formerly known as UniCrypt, suffered a security exploit on Wednesday that drained approximately $86,000 from its shared Ethereum token pool. Blockchain security firm …
Solana is preparing to introduce its highly anticipated Alpenglow consensus upgrade on October 21, 2026, marking one of the blockchain's biggest technological changes since its launch in 2020. The upgrade aims to signifi…