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In a renewed vigor, Trump vowed to deregulate the
financial infrastructure and also pledged to quicken the permits needed
for infrastructure projects. His words may have kept the benchmark equity
indices afloat in mild black. USTs were sold in NY session with 10y
bouncing above the 2.36% from sub-2.32%. USDJPY also recovered from lows
of 110.27 to levels around 110.80, possibly finding a tentative bottom
there. Yet, there seems to be an underlying sense of caution with most
currencies ...
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