**As seen in FX Quotes Report 05/21/2022, cablefxm.co.uk/reports
The 5-year complex saw mixed performances, with U.S. treasuries bid in this tenor while U.K. sovereign debt was offered, the yield jumped 22.1bps on the week
In FX spot performance, we saw a weekly dollar decline in line with the relative yield performance. GBP, EUR, CHF, and JPY posted gains, however, not all yield decliners saw losses for the week
In other words, the support for the broad dollar rally faded with Treasuries catching a bid as equity markets declined, this is noticeable as USD ignored the risk off trade
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