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Treasuries push through the June high

CROSS ASSET
  • Some upside continuation, post the PMI miss, followed by the ISM miss just now.
  • Immediate resistance comes at the 11/06 high 132.06+, which we are testing.
  • Equities dips, but less impact in the USD, as Cable test another session low, and USDCAD is at session high


Chart source: Bloomberg

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