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Tag: front end Clear

Thursday, September 24, 2026 · 1 notes

USDJPY

The Three-Year Moved 51 Basis Points. The Thirty-Year Moved 13.

Since 1 September the US three-year has repriced 51 basis points and the thirty-year 13 — the whole move is in the belly.

The 20s/30s inversion survived a fourth session and widened to 5bp, and Japan's intervention capacity is held in the instrument doing the repricing.

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