- 2-year Treasury yields -6.7 bps to 2.435%
- 5-year Treasury yields -5.4 bps to 2.649%
- 10-year Treasury yields -2.8 bps to 2.581%
- 30-year Treasury yields -1.1 bps to 2.621%
That might be what is offering some respite to stocks, which are hoping to snap quite a modest two-day decline. European equities holding higher with US futures also up around 0.3% at the moment.
I’m not going to attribute much to the drop in bond yields today as it comes on the back of a four-day climb in Treasuries.
In the FX space, the dollar is mostly calmer in a bit of a choppy session but mostly holding little changed. The aussie and kiwi are the notable laggards but have kept near the lows for the day since Asia trading already.
This article was originally published by Forexlive.com. Read the original article here.