MARKET DAILY

Market 09/21: US Dollar Index and bond yields surge together

Bond yields across maturities in various countries surge past peaks. US initial jobless claims continue to decline.

Published on September 21, 2023

Yesterday's FOMC meeting revealed the Fed's message that interest rates will remain higher for longer (read more about FOMC at here). The market immediately reacted as bond yields across maturities surged together.

1-year Treasury yield rises to 5.47%, highest since December 2000.

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Market 09/21: US Dollar Index and bond yields surge together

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