In the absence of significant news/events, safe havens are in demand. JPY was the major mover yesterday an

GBL: Buying Safe Havens Into Thu?

Global Markets Daily by Saktiandi Supaat

FX Research

In the absence of significant news/events, safe havens are in demand. JPY was the major mover yesterday and the US treasuries were also in favour ahead of key events on Thu. There was also a Bloomberg article that warned of China accumulating US debt again, citing people familiar with the matter. This could possibly add downside pressure on the UST yields. USDPY was last seen around 109.40 while UST 10y was last seen...