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19

Jan

Blog

US bond yields jump to two-year highs as market prices in four Fed hikes in 2022

M

ost currencies lost ground against the resurgent dollar on Tuesday, with a sharp move higher in US yields providing solid incentive for investors to unwind last week’s bearish greenback bets. ( 3 min )

Written by
Matthew Ryan

The US dollar regained a portion of its recent losses as markets opened for the week on Monday, with the dollar index up around half a percent on last week’s two month lows.

Matthew Ryan 18 January 2022 3 min

The dollar is struggling so far in 2022 even as US Treasury yields surge higher and the market prices in a faster hiking cycle from the Federal Reserve.

Matthew Ryan 17 January 2022 5 min

Louise joins Ebury from HSBC where she was the Head of Innovation, Delivery and Capability Development.

Jenny Duni 11 January 2022 3 min

A spike in US bond yields failed to support the dollar, while sterling outperformed its peers as markets bet on a rapid pace of rate hikes from the Bank of England.

Matthew Ryan 10 January 2022 3 min

The Federal Reserve made it clear that it is increasingly concerned about inflationary pressures at its December meeting, and the dollar reacted accordingly.

Matthew Ryan 20 December 2021 3 min

Thursday’s announcement from the ECB indicated a significant adjustment to asset purchases, as expected. More surprising were hawkish signals from the central bank that pushed the EUR/USD to the strongest level in about two weeks.

Matthew Ryan 17 December 2021 3 min

Sterling rose sharply against its main peers following a surprise decision of the Bank of England’s Monetary Policy Committee to deliver its first interest rate hike since the pandemic began.

Matthew Ryan 16 December 2021 3 min

The Federal Reserve announced it will accelerate the wind down of its QE programme, while FOMC members now expect a total of eight rate increases in the next three years, with three of these coming in 2022. Somewhat surprisingly, the dollar sold off after the event, while risk assets rallied.

Matthew Ryan 16 December 2021 3 min

Most major currencies traded within relatively narrow ranges on Monday, with investors awaiting a number of high-profile central bank announcements later in the week.

Matthew Ryan 14 December 2021 3 min