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USDCAD TECHS

Corrective Pullback

AUDUSD TECHS

Holding Above Recent Lows

US TSYS

Fed Edging Closer To Tapering

US TSY/RECAP
US TSY/RECAP: Tsys traded weaker across the board in the US session, closing
near daily as the 2-year and 5-year notes hit new multi-year lows. The curve
managed to recover slightly after flattening to new 10+ year lows late last
week, but the 30-year continued to outperform the 10-year. 10-year yield closed
above 3.0% 
- It was a quiet start to the week on the data front and comments by Fed
speakers were a mixed bag. StL Fed Pres Bullard: "no need to invert yld curve
via aggressive Fed hikes" after Clev Fed Pres Mester in Paris talked up gradual
hikes, change in policy framework. 
- Retail sales on tap Tuesday (0.3% est; ex. motor vehicle, 0.5% est). 
- Tsy Jun/Sep futures roll slowly picking up TUM/TUU leads w/appr 50.4k from 6.5
to 6.75. 
- Tsy ylds: 2Y 2.5475%, 3Y 2.7069%, 5Y 2.8621%, 7Y 2.9699%, 10Y 3.0024%, 30Y
3.1346%