EUR/USD falls to session low of 1.1603
BTPs are once again under pressure, and the market is not liking it. Italian bonds open with yields in 2-years touching four-year highs and 10-years reaching the highest levels since August 2014.
That has seen the euro marked lower down to test the 1.1600 handle at the moment. Meanwhile, the yen is also bid as Treasuries are seeing flows too from the exit in Italian bonds. 10-year Treasury yields have fallen to a low of 2.88% on the day and that's sent USD/JPY to session lows of 108.86.
------
