USDCAD TECHS

Bouncing Off Trend Low

AUDUSD TECHS

Opens Gap With Recent Highs

EURJPY TECHS

Breaks Through Channel Base

USDJPY TECHS

Attention Remains On The Bear Channel Top

EURGBP TECHS

Approaching Key Support

GBPUSD TECHS

Pulls Back From Key Resistance

US TSYS
US treasuries is seeing continued better buying in the shorter part of the curve, pushing the curve bull steeper.
  • 2.7k TUU0 bought in the past few minutes, and 2yr and 5yr yields trade deeper into record lows.
  • Despite the big earning results from the tech giants yesterday, the pace of the global recovery remains a sticking point.
  • Investors look for yields, and Month End flow might also be playing a role.
  • Although worth noting that extension for US Treasuries are small to average.
  • Safer Haven prevails going into the weekend.
MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com