Informa: Yen set to regain funding crown
Jeremy Boulton, manager of foreign exchange fundamentals at Informa in London, said the prospect of eventual Federal Reserve tightening was integral to the research company's assumptions for FX. "This has factored in more recently, with US bond yields leaping after a week of disappointing Treasury actions," he said. Ten-year yields jumped up 28 basis points to 3.94% from 3.64% at March-end.
Boulton attributed this to USD/JPY hitting 92.96 in the fourth week of March. "We eye a focus on the US
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