If you believe the "recovery" story, you naturally think inflation will pick up and bonds will go down. You should be a vigilante. You should sell bonds. Bonds should go down.
The US dollar recovered sharply against all G10 counterparts through the past week of trading, setting the stage for a broader Greenback recovery after registering bearish sentiment extremes following months of declines.
The Japanese yen weakened against the U.S. dollar this past week as the greenback rallied against most of its major counterparts amid the positive fundamental developments in the world’s largest economy.
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