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24 Oct 2022

US Treasury Sec. Yellen: No difficulty in executing trades in Treasury market

US Treasury Secretary Janet Yellen acknowledged on Monday that they have observed some decline in the Treasury market liquidity but noted that this situation was not unexpected given the increased volatility. 

Yellen further noted that Treasury market traders are not having difficulty in executing trades and reiterated that the US economy is healthy with a resilient financial system.

Market reaction

There was no immediate reaction to these comments and the benchmark 10-year US Treasury bond yield was last seen rising 0.3% on the day at 4.24%.

Oct 24, 2022

GBP/USD steady hovering around 1.1300, Sunak to become PM on Tuesday

The GBP/USD is hovering around 1.1300 since the beginning of the American session, unable to benefit from a modestly weaker US dollar. Economic data f
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Oct 24, 2022

UK: A crisis, at least, looks to have been averted – ABN Amro

Bill Diviney, Economist at ABN Amro points out that despite the political chaos of late, the news flow has been largely positive from a policy point o
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