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Another round of buying in Bond, USDJPY breaks the low

CROSS ASSET
  • Another round of buying interest in Govies, BTP in 2k cumulative volumes (2x 1k), US Tnotes edges towards Yesterday's printed high of 115.17+, but the target for the US 10yr is still at the 2.60% level in Yield that held on Wednesday.
  • Price action across multi assets, Bonds, STIRs, Equities and FX have mostly seen two way moves, but overall Yields and rates stays lower.
  • Worth keeping an eye at the USDJPY, given the bid in Treasuries, broken back below 141.00, and through the overnight low that was situated at 140.65.
  • Main support target is at 140.25.

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