U.S. Treasury yields fall amid flight to safety

Eren Sengezer FXStreet

The higher demand for the safe haven U.S. Treasuries pull the yields lower on Wednesday as the political drama surrounding President Trump has reached a new phase after a congressman called for the impeachment of the president.

US Rep. Al Green: The President must be impeached
US Rep. Adam Schiff: Impeachment cannot be perceived as an effort to nullify the election by other means

As of writing:

30-yr 2.927%, -2.14%
10-yr 2.27%, -3.44%
5-yr 1.776%, -4.02%
2-yr 1.258%, -3.16%

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

EUR/USD holds steady above 1.1850 as markets eye Eurozone GDP, US CPI inflation releases

The EUR/USD pair trades on a flat note near 1.1870 during the early Asian session on Friday. The major pair steadies amid mixed signals from the latest release of US economic indicators. Traders await the preliminary reading of the Eurozone Gross Domestic Product for the fourth quarter and US inflation data, which are published later on Friday.

GBP/USD consolidates around 1.3600 vs. USD; looks to US CPI for fresh impetus

The GBP/USD pair remains on the defensive through the Asian session on Friday, though it lacks bearish conviction and holds above the 1.3600 mark as traders await the release of the US consumer inflation figures before placing directional bets.

Gold: Will US CPI data trigger a range breakout?

Gold retakes $5,000 early Friday amid a turnaround from weekly lows as US CPI data loom. The US Dollar consolidates weekly losses as AI concerns-driven risk-off mood stalls downside. Technically, Gold appears primed for a big range breakout, with risks skewed toward a bullish break.