US 2’s are now down 2bp to 0.398%, 5’s down 3.6bp to 1.64% and 10’s are down 1 at 2.58%

US 2 year yields 07 05 2014

US 2 year yields 07 05 2014

The dollar is taking note to slip under 101.60.

The lack of anything new from Janet may be starting to weigh on prices.