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Prospects Daily: US treasuries gained and the benchmark 10-year bond yield edged down

Global Macroeconomics Team's picture

Financial MarketsUS treasuries gained and the benchmark 10-year bond yield edged down 1 basis point to 1.66%, after rising as high as 1.7% earlier, while the 30-year bond yield slid by 2 bps to 2.83% in early Friday session after a government report on wholesale price in September showed domestic inflation remained muted.

Prospects Daily: Japanese Yen strengthens as the country’s current account turns to surplus again

Global Macroeconomics Team's picture

Important developments today:

1. Japanese Yen strengthens as the country’s current account turns to surplus again

2. Japan’s current account returns to surplus in February