US 10y yields head into the Monday session at....>

US: US 10y yields head into the Monday session at the highs of the day, edging

back above the 2.70 mark with eyes turning to Wednesday's highs of 2.7331 as the

next key level. The USD index is following yields higher, further erasing the

losses seen following the Fed rate decision last Wednesday. A rally through

96.00 will see those losses closed, prompting USD bulls to set sights on recent

cycle highs of 96.676. The moves come as USD/JPY shows above Y110.00 to print

the best levels of the year. Despite lower US Treasuries and a rallying USD/JPY,

equity markets remain sanguine, with US equity futures indicating a lower open

to re-open trade this week. Stock markets move in tandem with commodities at

present, with WTI crude futures lower by well over 1.75% at pixel, with

industrial and precious metals both following suit.