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Away From Thursday’s Highs As USD Firms

US TSYS

Tsy futures tick away from Thursday’s best levels as the broader USD squeezes higher in FX trade, led by an unwind of some of the post-CPI shunt lower in USD/JPY. Regional equity indices are well bid in early Asia-Pac trade, as the regional reaction to Thursday’s U.S. CPI print dominates in that arena, even as COVID cases in China continue to move higher.

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Tsy futures tick away from Thursday’s best levels as the broader USD squeezes higher in FX trade, led by an unwind of some of the post-CPI shunt lower in USD/JPY. Regional equity indices are well bid in early Asia-Pac trade, as the regional reaction to Thursday’s U.S. CPI print dominates in that arena, even as COVID cases in China continue to move higher.