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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

US TSYS
US TSYS: T-Notes have edged away from the lows seen at the re-open to last trade
+0-02 at 139-09, despite the uptick in e-minis and recovery from early lows for
crude prices.
- A reminder that Friday ultimately saw an easing in the space, as T-Notes
erased their early bid and more, with yields going out around session cheaps on
the back of a risk-positive reaction to reports that Gilead's remdesivir drug
had a positive impact on COVID-19 mortality rates, although the study wasn't as
stringent as a randomised controlled trial.
- Ultimately, 10-Year yields held within their recent ranges.
- Elsewhere, President Trump played down the odds of any movement re Sino-U.S.
relations, although that wasn't a source of any real surprise, with markets
happy to look through the headlines.
- A slow start to the regional Asia-Pac docket this week, which allow
participants to assess weekend news flow and headline watch.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com