％Japan Government Bond 10Y
JP-10Y
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Impact on stocks 2
Others
％United States Government Bond 10Y
US-10Y
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Dollar pinned at multi-month lows as debt nerves unnerve investors
MacroDigital Finance
The U.S. dollar hovered near multi-month lows on Monday after the U.S. Treasury promised to buy back more long-dated bonds, unsettling investors. The euro traded at $1.1665, sterling at $1.3628, and the yen at 159.25 per dollar, while the Canadian dollar weakened 0.5% to C$1.3836 after Washington imposed 50% tariffs on Canadian goods. The Treasury said it would double buybacks at the long end to $4 billion per operation, a move that spooked traders despite the market's $32 trillion size. Treasury Secretary Scott Bessent is due to hold a press conference at 1700 GMT after threatening the toughest sanctions in history on Iran, and Federal Reserve Chairman Kevin Warsh speaks in Jackson Hole on Friday. A Thursday appearance by Bank of Japan Deputy Governor Ryozo Himino will also be closely watched as a prelude to next month's policy meeting.