Berita FX
Peristiwa yang menggerakkan pasar, kondisi tiap sesi, dan latar makro. Ditulis untuk trader yang menjalankan sistem, bukan menebak arah.
155.24, Then Straight Back. The Yen Is Trading the Ten-Year — and Treasury Sells 20-Year Paper Into It at 17:00.
London ran USD/JPY through 155.00 to 155.24 on a ten-year at 5.0390% and handed all of it back when the yield gave up three basis points — the second failure at that figure in fourteen hours, and no link in either chain was Japanese. The ten-year went from "highest since October 2023" to "highest since July 2007" across about three basis points. Treasury sells 20-year paper into it at 17:00 UTC, six securities settle today, and the 20-year settles Friday on Bank of Japan morning.
The 3-Year Auction Went Fine. It Cleared 18 Basis Points Higher Than the Last One.
The US sold $58bn of 3-year notes at 4.474% with a 0.1bp stop-through, bid-to-cover 2.72 against a 2.62 average. Demand was normal — at 18bp more than the last auction, with the 10-year through 4.8%. Front-end yields rose and the dollar still could not reclaim 155 against the yen. What that says about any rate-differential signal, and the week's schedule in UTC.