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Yields back to their highs

By   || December 15, 2010 at 18:29 GMT
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10-year notes are trading at 3.496% yield. That, along with the Juncker comments on the chaotic nature of the EU bailout saga and El-Erian’s damned if they do/damned if they don’t op-ed on Germany’s EU role, are helping push EUR/USD down to fresh session lows 1.3252 is the EBS low so far.

USD/JPY is back in the same zip-code as its recent highs, trading to 84.26. 84.40 is critical resistance while barriers are rumored above at 84.50.  Stops are clustered at 84.55 if we finally muster the strength…

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