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EGBs drag Treasuries lower

CROSS ASSET
  • BTP clears that small 118.00 level, failed to break there on Monday and Yesterday.
  • Below the figure, would see 117.56/117.39, pre NFP level and Friday's low.
  • Bund on the follow tests session low and eye small support at 131.22, followed by 130.98, Monday's low.
  • US Tnotes is getting dragged back lower, led by EGBs, which should help keep the USDJPY underpinned, bid.

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