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Equity Strength, Bond Weakness Persists


Markets extending the day's moves in recent trade, with the US10y Yield rising to touch new session highs in response to the rally in equity markets. The e-mini S&P is now testing the 4450 level and making an attempt to close the gap with the Friday close of 4465.75.

  • Equity strength and weakness across Treasuries is working against the greenback in recent trade, pressuring the USD to new session lows against GBP, AUD, CAD and others.

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