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Treasury Yields Rose &Nbsp; &Nbsp; The US Dollar Against The Yen Rebounded From The Six Week Low On Tuesday.

2010/12/29 10:04:00 41

Government Bond Yields Rebounded Against The Six Week Low Against The Yen

On Tuesday morning, Beijing time, on Tuesday, weaker than expected new round of US Treasury bond auctions promoted.

Government bond yields

The rise has made the dollar once again a relatively attractive currency category.

US dollar to Japanese Yen

From Tuesday morning to early afternoon

Six week low rebound

At the same time, the Swiss Franc returned to its lowest level from the lowest level in history.


Earlier on Tuesday, a group of us macroeconomic data that was less than expected by the market made investors generally bearish dollar and took the opportunity to shift funds to other safer asset classes.

The US dollar is on the low side of the Japanese yen and Swiss franc.

In the same period, the euro and the pound were regarded as higher risk assets because of the gloomy economic prospect in Europe, so they did not receive the investors' popularity.

The two currencies maintained a decline against the US dollar.


At the close of the foreign exchange market, the US dollar index for tracking six major currencies was 80.36 points, almost unchanged from late Monday.

The index fell to 79.596 points earlier on Tuesday.


The US dollar closed at 82.40 yen, down 0.47%.

The US dollar JPY fell to 81.79 yen in early trading, the lowest level since mid 11.


On Tuesday, the US government held a new 5 year treasury bond auction, reflecting a cold market, resulting in a general rise in US Treasury yields.

The yield of US Treasury bonds usually has a reverse interaction with the price of treasury bonds.


The euro traded against the US dollar at $1.3116 on Tuesday, or 0.38%.

During the European trading session on Tuesday, the euro rose to 1.3276 euros against the dollar.

Sterling fell to 0.34% against the US dollar at $1.5370.


Earlier Tuesday, the US dollar fell to 0.9432 Swiss francs against Swiss francs, the lowest in history.

The US dollar ended against Swiss Franc at 0.9522 Swiss francs, or 0.87%.


Yen and Swiss Franc are considered relatively safe currency categories.

GFT Kathy, director of monetary research, pointed out that "in the context of global quantitative easing, the spread of sovereign debt crisis and the inability of economic growth, the stability of the Swiss economy and financial situation and the low unemployment rate make the Swiss Franc one of the safest monetary assets of global investors."

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