US Dollar: Softer energy supports carry trades – ING
ING’s Chris Turner notes that lower Oil prices and the recent intervention by US Treasury Secretary Scott Bessent have pushed long-end US yields 10–15bp lower, reducing FX and equities volatility.
ING’s Chris Turner notes that lower Oil prices and the recent intervention by US Treasury Secretary Scott Bessent have pushed long-end US yields 10–15bp lower, reducing FX and equities volatility.
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