DXY & Forex

The US 10-year Treasury term premium dropped to 80.86 basis points on the 14th, according to the New York Federal Reserve's model, marking a four-day consecutive decline to its lowest level since the 28th of last month. The decline occurred amid heightened risk-off sentiment in global financial mark

According to the New York Federal Reserve Bank, the 10-year U.S. Treasury term premium fell to 80.86bp as of October 14, marking its lowest level since late September and a sharp 18bp drop from 98.48bp reached just one week earlier. The decline, driven by heightened risk-off sentiment over

According to Beth Hammack, president of the Federal Reserve Bank of Cleveland, on Thursday, October 15, the Fed may need to pursue more aggressive rate increases if inflation expectations deteriorate significantly. Speaking at a Goldman Sachs event in New York, Hammack stated: "If inflation expectat

UBS Asset Management raised its year-end forecast for US 10-year Treasury yields to 4.9% from 4.6%, according to a post published on October 15 (local time). The revision reflects the firm's view that the Federal Reserve will find it difficult to ignore recent inflation trends as consumer price

Korea's foreign currency market arbitrage incentive turned positive at 2 basis points on the 14th, marking the first time in five months the indicator has risen above zero, according to Yonhap Infomax data released on the 16th. The shift signals partial resolution of excess dollar supply in the fore

ING Bank forecasts US 10-year Treasury yields will rise to 5.25-5.5% despite recent declines, according to a report released on the 15th (local time) by interest rate strategist Padhraic Garvey. The Dutch bank cited persistent high inflation and large fiscal deficits as key factors that will

According to Yonhap Infomax, South Korea's 3-month carry trade incentive turned positive at +2 basis points on October 14, marking the first positive reading in five months. The carry trade incentive, calculated as the Korea-U.S. interest rate differential minus the 3-month swap rate, reflects the p

According to ING Bank, on October 15, the Dutch bank's strategist Patrick Garvey forecasted that U.S. 10-year Treasury yields will rise to 5.25%-5.5% from current levels around 5%. Garvey attributed the upward pressure to persistently high inflation and large fiscal deficits, noting that recent

Bitcoin (BTC) rebounded from its overnight low, trading at around $82,280 as of October 16. Jonathan Gould, the Comptroller of the Currency, disclosed that the final rules for implementing the GENIUS Act are expected to be released by the end of October. MSCI finalized new index rules, putting digital asset companies such as Strategy at risk of removal. Macroeconomic Events & Crypto Hotspots Crypto journalist Eleanor Terrett disclosed in a post that Jonathan Gould, Comptroller of the Currency at

Domestic Korean banks dominate the initial registration list for the RFI-K (Offshore Won Business Handling Institution) system as of the 7th, with no foreign financial institutions among the 10 registered entities. The Ministry of Economy and Finance introduced the RFI-K framework on the 16th of

According to South Korea's Ministry of Economy and Finance, as of October 7, the RFI-K (Offshore Won-Handling Institution) system registration list included only 10 domestic bank overseas branches, with no foreign financial institutions registered. The registered institutions comprised Woori

China's central bank conducted 60 billion yuan in 7-day reverse repo operations today at a rate of 1.40%, unchanged from the previous operation.

Bitcoin (BTC) rebounded to $82,340 on October 16. U.S. Spot Bitcoin ETFs recorded approximately $681 million in net outflows last week, and overall fund flows remained negative this week. Block Scholes analyst Thahbib Rahman reported that Bitcoin’s 90-day correlation with stocks fell to approximately 40% from its February peak of 62%. Bitcoin ETFs Recorded $681 Million in Net Outflows Last Week According to market data cited by Investing.com, U.S. Spot Bitcoin ETFs recorded approximately $681 mi

The Chinese yuan strengthened to 6.7220 against the U.S. dollar today (October 16), rising 33 pips from the prior session's midpoint of 6.7253. The offshore yuan closed the previous trading day at 6.6916, with the night session finishing at 6.6914.

French bond yields are rising above those of Greece and Italy, while US stock markets remained near record highs through last week despite 10-year Treasury yields reaching 5.3%. Japanese asset managers are shifting funds from French bonds to German bonds, and some market observers predict French 10-

Fifteen macroeconomic experts surveyed by Yonhap Infomax predict the Bank of Korea will hold its benchmark interest rate at 3.00% at next week's Monetary Policy Board meeting. Experts cited the need to assess the effects of consecutive rate hikes in July and August. The survey, conducted on the 16th

South Korean Vice Finance Minister Kwon Dae-young chaired an inter-agency market monitoring meeting on the 16th, pledging to closely monitor whether stock market volatility spreads to bond, foreign exchange, and short-term funding markets. The meeting, held at the Government Complex in Seoul,

According to Yonhapinfomax's survey of 15 domestic and foreign financial experts on October 16, South Korea's central bank is expected to hold its benchmark rate at 3.00% at next week's monetary policy committee meeting. Of the 15 surveyed experts, 14 anticipated an additional rate hike in

South Korea's Finance Ministry will strengthen market monitoring to assess the impact of stock market volatility on bonds, foreign exchange, and short-term money markets, the ministry announced today.

Ray Dalio, founder of Bridgewater Associates, warned that bond yields and borrowing costs could rise as governments and artificial intelligence companies intensify competition for investor funds. According to Business Insider on the 15th (local time), Dalio diagnosed this situation in a recent