Treasury yields creep higher to start European morning trade

treasury yields creep higher to start european morning trade

Sumary of Treasury yields creep higher to start European morning trade:

  • 10-year yields move up by over 3 bps to 1.651% The push lower yesterday came close to hitting the soft bottom around 1.60% and we are seeing yields rebound a little today back to 1.65% currently..
  • This in turn is putting a bid in the dollar across the board as EUR/USD moves back to test its 200-day moving average @ 1.1886 and AUD/USD has fallen below 0.7600..
  • US futures are keeping flatter, with Nasdaq futures having erased its slight advance earlier….

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