USD/CHF consolidates biggest daily jump in a month below 0.9200 amid steady yields

USD/CHF consolidates biggest daily jump in a month below 0.9200 amid steady yields By anilpanchal7 USDCHF RiskAppetite Coronavirus YieldCurve Macroeconomics

That said, the quote rallied the most in nearly a month the previous day as the US dollar tracked firmer Treasury yields to print notable gains the previous day.

Speedy spread of the coronavirus and a jump in the cases linked to the South African covid variant, namely Omicron, provide a first push to the US bond yields. On the same line were the rising hopes of faster Fed rate hikes in 2022. Both these catalysts weigh bond prices and fuel yields.

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