United States 2-Year Note Auction: 4.189% vs 4.071%

Jun 23, 2026

Japanese Yen: Steadies as USD/JPY rally tires – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret report the Japanese Yen (JPY) is slightly firmer, outperforming G10 peers despite broad US Dollar (USD) strength, as stronger PMIs signal improving growth. They see signs of exhaustion in USD/JPY’s advance with yield spreads stabilizing.

India: Interim US trade deal and tariff landscape – DBS

DBS economist Radhika Rao reports that India and US are close to formalising an interim trade agreement under a new framework first agreed in February.