2-year notes yielded about 95 bp before the employment report last week. They yield an astounding 1.41% this afternoon. The back up in the short-end of the yield curve should help insulate the dollar in the near-term. USD/JPY is finding support on dips to the 98.20 area.
2-year note continues its climb in yields
Source: www.forexlive.com
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Cable extends rally
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