Markets Friday’s fresh sell-off in the UK gilt market served as a chill reminder that deteriorating public finances are here to stay as a market theme. Not only in the UK, but globally. The UK yield curve bear steepened with yields rising by 8.2 bps (2-yr) to 16.4 bps (30-yr). Sterling eventually managed to erase […]The post USD/JPY Treading Water Around 154.7 appeared first on Action Forex.