Bond yields for forex traders: what's the link?

You'll hear traders say "watch the 10-year yield" as if it's obvious. Yields reflect where interest rates are heading, and when one country's yields rise relative to another's, its currency often follows.

Share:

• whether you watch bond yields at all
• which yield matters for your pairs
• the simplest explanation of the yield-currency link you've heard

The bond yields and exchange rates guide connects the two markets.