Attention may turn to the U.S. 30-year Treasury auction

Attention may turn to the U.S. 30-year Treasury auction

13.04.2021

Yesterday, European markets saw mixed trading with little movement, while U.S. markets edged lower ahead of earnings reports from major companies. The Dow Jones Industrial Average, which had recently hit a new high, closed at $33,745, down 0.16% from the previous day. The auctions for U.S. 3-year and 10-year Treasury bonds held yesterday yielded lackluster results, and following the auction results, the 10-year Treasury yield rose slightly.

In the foreign exchange market, cross-yen pairs—which had been undergoing a corrective decline—have turned upward during today’s Asian trading session, with the USD/JPY pair showing a particularly notable rise. The USD/JPY has climbed from 109.3 to 109.76, and since it has broken above the previous low on the 4-hour chart from a technical perspective, it will be worth watching to see if this upward trend continues.

Today, UK GDP, industrial production, manufacturing output, and the goods trade balance are scheduled for release at 15:00 CET, followed by the German ZEW Economic Sentiment Survey at 18:00 CET. Once U.S. trading hours begin, the U.S. Consumer Price Index is due at 21:30, with remarks by U.S. Federal Reserve Bank of Philadelphia President Harker at 25:00, and remarks by U.S. Federal Reserve Bank of Richmond President Daly:San Francisco Fed President remarks, and U.S. Richmond Fed President Barkin remarks, followed by a U.S. 30-year Treasury auction at 1:00 a.m. Additionally, U.S. Atlanta Fed President Bostic is scheduled to speak at 3:00 a.m. We will carefully monitor the direction of the U.S. dollar to see if it will resume an upward trend alongside stock prices.

Past Market Reports

1. 21.04.2026New

   With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall

2. 20.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

3. 17.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

4. 16.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

5. 15.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

6. 14.04.2026

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

7. 13.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

8. 10.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

9. 09.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

10. 08.04.2026

    Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran