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serving the Public interest of Transparency in Debt Capital Markets
The Collaborative Market Data Network
Serving Transparency in Capital Markets
The Collaborative
Market Data Network

SHORT-DATED YIELDS POINT AT A HIGHER DOLLAR

Post Date: 14 March 2024

The USD two-year swap rate is at 4.5%, a level consistent with DXY at 104 as opposed to the current 102.5/103.0. We continue to see short-term upside potential for the dollar, even though today’s PPI and retail sales figures are key risk events. Sweden’s inflation figures released this morning are endorsing the Riksbank’s dovish turn.


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