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USD/JPY takes 161, Bond yields rise on prospects of Trump round 2

From forex.com

Donald Trump’s route back into the Whitehouse has become easier after the Supreme court ruled that he has immunity from official, not private acts. And that likely derails all of not most cases against him surrounding the January 6 insurrection. And with the Biden’s post-Presidential-debate emergency meeting assuring Biden will hold his ground to run against Trump, a second Trump presidency is beginning to look like a slam dunk. Bond treasuries continued to fall on Monday and sent yields higher following Joe Biden’s disastrous debate against Donald Trump. The fact that yields are rising without the US dollar suggests ... (full story)

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  • Category: Fundamental Analysis