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CROSS ASSET: Bund and Treasuries are testing new lows

CROSS ASSET
  • This time there's a little bit more correlation with Yields and the Yen, as Bund look to test the next immediate support noted at 134.37, so far printed a 134.39 low.
  • Similar in Tnotes, next immediate support comes at 114.31+, but it is testing it session low.
  • USDJPY is in turn looking at breaking back above 142.00, but note that it already printed a 142.42 high overnight.
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  • This time there's a little bit more correlation with Yields and the Yen, as Bund look to test the next immediate support noted at 134.37, so far printed a 134.39 low.
  • Similar in Tnotes, next immediate support comes at 114.31+, but it is testing it session low.
  • USDJPY is in turn looking at breaking back above 142.00, but note that it already printed a 142.42 high overnight.