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J&J Vaccine Pause in the US Prompts Risk Unwind

CROSS ASSET

New York Times reports that the US are to call for a pause in the rollout of the Johnson & Johnson vaccine on clotting cases, prompting some risk unwind trade over the past few minutes.

  • The e-mini S&P inches back into negative territory and touches 4,114.50. Tsy yields move in tandem, with 10y slipping through 1.67% on the way lower.
  • USD/JPY falls further, with the pair narrowing the gap with Y109.00 handle and falling through 109.25 suport.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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