USDJPY defends 140 amid edgy United States Treasury yields, decades-high inflation in Japan – by anilpanchal7 USDJPY YieldCurve BOJ Fed RiskAppetite
United States Treasury yields portray recession fears, hawkish mood at Federal Reserve
Elsewhere, the benchmark US 10-year Treasury yields bounced off a six-week low before staying mostly unchanged at 3.77%. Further, the two-year US bond market counterpart prints the first daily loss near 4.45% in three. Even so, Reuters states that the Treasury yield curve, a difference between the longer-dated bond coupons and the shorter-dated ones, is at its highest place since 1982.
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