Trial now
AUSSIE BONDS

YM Roll Lifted

ASIA

Coming up in the Asia-Pac session on Wednesday:

USDCAD TECHS

Corrective Pullback

US TSYS

Risk-On Carries On

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U.S. Treasury Secretary Janet Yellen Sunday defended the Federal Reserve's regulatory track record and said regulation of financial institutions has been strengthened by Chair Jerome Powell and his predecessors.

Yellen declined to discuss what advice she was giving President Joe Biden on Fed nomination issues. Regulation of financial institutions have been markedly strengthened in recent years and "those improvements have stayed in place during the Powell regime," she said on CNN's "State of the Union."

Senator Elizabeth Warren, a member of the Senate Banking Committee, is opposed to Chair Powell's renomination.