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EURJPY TECHS

Probes Key Support

FED

Natixis View on Fed's Dot Plot: Hawkish

USDJPY TECHS

Range Base Holds Firm

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  • SAGBs experiencing a notable bull flattening in today's session after restrictions were eased slightly over the weekend and the SARB delivered a notably dovish 2022 inflation outlook last week
  • 10Y -11.5bp, 15Y -15.7bp, 30Y -18.1bp
  • 10Y yields hovering abive key support at 9.20, which if broken, opens up a move towards 9.10-9.00