Wednesday, May 29, 2013

Elevated US Yields Provide Support for the Greenback

Treasury yields continue to move higher, closing above the 2% threshold and notching up relatively high yield differentials.  The 2.20% level has not been seen in more than 18 months despite a declining global growth story. Although the US economy has gained enough traction to be able to withstand higher long term yields, the European
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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