US Bond Yields Run out of Steam as Stock Markets RecoverFeb 27, 2018 - By Simon Hill
The US Dollar pushed higher overnight, although not driven by the usual correlation with bond yields. The US 10 year is now down to 2.86% from its high at 2.95% less than a week ago, which caused the recent severe stock market sell-off. This move is now reversing with bond yields running out of steam and the stock market taking back most of its losses. We have seen flows back into the USD as confidence returns in equity markets.
Dollar Continues to Recover Lost Ground – Focus on Sterling TodayFeb 21, 2018 - By Nick Twidale
We saw a continuation of steady trading conditions yesterday and the dollar once again benefited as moved back to better levels against all of the other major currencies.