21 Jul '23 at 7:37 am #62586
Participant
The U.S. Dollar Index is up 0.2% to 101.08 with USD/JPY +1.2% to 141.73.
The weakness in the yen follows a Bloomberg report that indicates BOJ officials don’t see an urgent need at this point to address the side effects of the yield curve control program.
Treasuries are little changed from yesterday’s settlement levels.
The 2-yr note yield is unchanged at 4.84% and the 10-yr note yield is down one basis point to 3.84%.