⚖️🔺U.S. Breakevens Extend Higher On Thursday: Cable FX Macro
- Rosbel Durán
- Oct 12, 2023
- 1 min read
U.S. breakeven rates have seen a rebound for the last couple of sessions, the 2-year rate is now at 1.968% vs 1.840% on Friday close
The move higher extended after the release of U.S. September consumer prices, with the front-end of the curve showing the sharpest moves
U.S. 2-year BE up 7bps on Thursday, the 10-year rate is up 1.8bps at 2.333%
Our own measure of the dollar rate advantage is up 5.41 points on the day. The Cable FX Macro USD Spreads index rose to an intra-week high on Thursday, last at 131.45
Comments