Market Watch • 593 days
The Japanese yen’s latest round of weakness against the U.S. dollar has seen a normally reliable rel...
Original sourceJapanese yen's weakness against USD breaks usual bond market relationship. Yield gap between 10-year Treasury bonds & Japanese Govt. bonds favors Japan. USD weakened yen despite favorable bond yield differentials. Analysts surprised by yen's depreciation despite traditional relationship shifts. Speculators betting against yen could trigger its rebound post-Fed interest rate cut.