NASDAQ moves down into swing area target ...Middle East

The University of Michigan sentiment index came in a little weaker than expected but the one-year inflation expectations rose to 3.3% from 2.9% last month. The five-year inflation also ticked higher to 3.3% from 3.1%.

10 year yield is higher but let at its highest level. It currently is trading at 4.763% up 8.2 basis points. The two year yield is up nine basis points at 4.351%

This article was written by Greg Michalowski at www.forexlive.com.

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