US Treasuries yields end higher

As a result of higher US Treasury yields, the US dollar was supported. The US dollar index saw a high near 102, compared to levels below 100.0 in mid-July. — Reuters

GLOBAL bond and currencies markets ended another week of volatile movements, on the back of recent monetary policy decisions and the release of firm macroeconomic data.

Firstly, the US Treasuries (UST) market ended weaker, where their yields rose to the highest levels last seen in October last year. The benchmark 10Y UST was on track to rise by 20 basis points (bps) to 4.18%.