November 29, 2024 08:25 GMT
CROSS ASSET: Yield levels hold, Dollar is paring losses
CROSS ASSET
- The German and Tnotes initial Yields have held for now in early trade.
- Bund has so far rejected the 2.10% level, after printing a 2.102% low.
- The initial level for the US 10yr Yield was seen at 4.2205%, which would have equated to 111.03 Yesterday, had Cash markets been opened, it did print a 4.211% low and 111.04 high today, but has lacked momentum, on a lighter trading session, with some US desks likely enjoying a longer Holiday Weekend.
- A wider fades in the Dollar has been going through, paring earlier losses.
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