Presently at 139 bps, up from the 133 bps I jotted down first thing.

France to sell 3, 6 and 11 month BTFs today, indication sizes 4-5 bln, 1.8-2.2 bln and 1.8-2.2 bln respectively.

EUR/USD sits at 1.2985, little changed from when I first parked by bum. Early rallyette (session high 1.3007) ran into renewed fund selling.