Just as I said that the 3 year auction went well, then the small rally in Bond futures was sold into as that particular market shifted its focus to the upcoming 10 and 30 year auctions due tomorrow and Thursday respectively. This minor sell off has helped the Dollar somewhat as Usd/Jpy moves up to 97.70.
US Bond futures shed some gains as longer dated supply awaited
Source: www.forexlive.com
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