US Dollar: 1. Traders are no longer fully betting on a Fed rate hike before the end of the year. 2. DualLine Capital: Long-term US Treasuries still face downward pressure. Euro: 1. French 10-year bond yields rose 4 basis points to 5.039%, a 24-ye

2026-10-23

US Dollar: 1. Traders are no longer fully betting on a Fed rate hike before the end of the year. 2. DualLine Capital: Long-term US Treasuries still face downward pressure. Euro: 1. French 10-year bond yields rose 4 basis points to 5.039%, a 24-year high. 2. French 5-year CDS spreads broke 100 basis points. 3. France plans to deploy troops to deal with a new wave of protests. 4. ECB Executive Board member Panetta: Rising bond yields will dampen the economy. Japanese Yen: 1. Japan's largest labor union seeks a 6% pay rise by 2027. 2. Strong demand for loans from Japanese companies may leave room for further interest rate hikes by the Bank of Japan. 3. Japanese Minister of Economy, Trade and Industry, Minoru Jonouchi: believes the conditions for the government to officially end deflation have not yet been met. 4. Japanese inflation in September was higher than the central bank's target level, supporting expectations of a central bank rate hike. Other: 1. The Philippine central bank unexpectedly raised interest rates by 50 basis points to 5.5%. 2. The Swiss National Bank: The need for intervention in the foreign exchange market has decreased. 3. An Indonesian central bank official: We will intervene if necessary to ensure a balance between supply and demand in the foreign exchange market. 4. The Turkish central bank cut interest rates by 100 basis points, lowering the one-week repo rate to 36%, in line with market expectations.