US Treasury Secretary Janet Yellen talked about on Thursday that the Monetary Stability Oversight Council (FSOC) is anxious concerning the functioning of the Treasury market. “We had episodes by which liquidity has dried up.” She is giving testimony earlier than the Home Monetary Providers.
Whereas she testifies, shares erased features printing contemporary YTD lows and the greenback strengthened. The DXY is at multi-year highs above 104.70. The 10-year US yield stands at 2.84%, down 3% for the day.
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