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RUSSIA

USD/RUB Slips, Approaches April Lows

US 10YR FUTURE TECHS

‌‌(M1)‌‌ Resistance Remains Intact

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Another wave of risk-off sending market spiralling here, with the e-mini S&P again hitting new lows and narrowing the gap with the Wednesday low and the 50-dma support.

  • Greenback surging still, with USD/CNH a notable mover and nearing February highs.
  • Latest risk-off move coincides with sizeable spike in Treasury yields - Bloomberg has new 10y yield high at 1.6085% (!) That's highest since February last year