We’re up to 4.01% and the dollar is responding. EUR/USD has fallen to the high 1.348os and USD/JPY is bouncing, now at 94.28 from 92.08.
The 2-year not is at %1.18% from 1.07 at Friday’s close.
1.21% is important resistance in the 2-year note, the high posted on New Year’s Eve.