Positive dynamics of the U.S. debt market | 08 12月 2021

08 12月 2021, GBP/USD

Positive dynamics of the U.S. debt market

GBPUSD trading plan:

The benchmark U.S. 10-year Treasury yield rose for a second consecutive day, as concerns over the newly discovered Omicron COVID-19 variant continued to wane and boosted risk appetite. Economic data showed U.S. unit labor costs surged more than initially thought in the third quarter, accelerating at a 9.6% annualized rate versus the initially reported 8.3%, indicating high inflation could remain for some time. In addition, the U.S trade deficit narrowed sharply, which could mean trade will contribute to economic growth this quarter for the first time in over a year. A closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes, seen as an indicator of economic expectations, was at 79.1 basis points.

Investment idea: sell 1.3300 and take profit 1.3245.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus