US 10 year bond yield has been coming down & may have peaked for now.
Not sure what a move to Yuan reserve currency would do to US markets. US Fed would keep printing dollars to prop up US economy even if they weren't reserve currency. The global markets would most likely follow China if they were to become reserve currency in leau of following US markets.
Israel has started to reduce US dollar holdings. They are buying Yuan for first time ever & also buying $7B Australian dollars equating to 3.5% of their $200B total holdings. And $7B Canadian dollars as well as Japanese Yen. Israel held only euros, British pounds & US dollars before.
https://www.jpost.com/business-and-innovation/banking-and-finance/article-704813
- Forums
- ASX - By Stock
- DW8 Growth
US 10 year bond yield has been coming down & may have peaked for...
-
- There are more pages in this discussion • 2,836 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add KDY (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.834M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
KDY (ASX) Chart |
Day chart unavailable