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home / news releases / UJPY - Greenback's Bounce Is Likely Short-Lived


UJPY - Greenback's Bounce Is Likely Short-Lived

Overview: A wave of profit-taking is seen through most of the capital markets today, with the exception of the bond market, where yields continue to trend lower. The US 10-year is now yielding 55 bp, a new low since early March, and the five-year yield set a new record low near 23 bp. European yields are 2-4 bp lower. After pushing above key levels around the Fed meeting yesterday, the euro and sterling have fallen to profit-taking and spurring a broader dollar bounce. The Scandis and dollar-bloc currencies are off 0.5-1.0%, leading the move today,

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Stock Information

Company Name: Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E662
Stock Symbol: UJPY
Market: NYSE

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