January 17, 2017
Treasuries gain in Asian hours, led by the 7y point, suggesting futures are driving the move, as USD is sold following a WSJ interview quoting Donald Trump as saying the dollar was already too strong.
Muted trends in U.S. inflation and economic growth mean the U.S. Federal Reserve is unlikely to threaten the expansion with aggressive interest-rate increases to keep price pressures in check, said New York Fed President William Dudley.
Prime Minister Theresa May offered her most explicit vision of Britain's future relationship with its European Union neighbors, pledging to quit the single market and instead seek a customs agreement with the bloc to deliver "a smooth and orderly Brexit."
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