There should be less drama from Athens tomorrow, though month-end and jobless claims and Chicago PMI should liven things up.
With the week’s US bond auctions out of the way, weak US data could translate into risk-off price action. Strong data will keep the back-up in yileds going. We’re up 27 bp at he 10-year maturity in just over two days.
EUR/USD is headed into the close in the upper end of the day’s range, supported still by stocks and commodities. We’re now at 1.4431.
