February 12, 2025 15:27 GMT
CROSS ASSET: US Yields are extending higher
CROSS ASSET
- The US Tnotes (TYH5) is testing a new low, eyeing a test to the 108.00 figure next.
- Today's big sell off on the back of the stronger US Inflation is helping the Yield through 4.65%.
- In Yield terms, the 4.70% level would equate to 107.27+ today.
- USDJPY is clearing 154.50, where it found some selling interest post US data for around an hour, this was the 50day EMA and Pivot resistance, next stop would see a push back to 155.00.
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