US yields are rising on a bad bond auction as a result of a lower dollar but the resulting higher yields are prompting dollar buying…Got it?
10-year notes are up to 2.49% after the auction from 2.45% before the auction. We traded up to 2.51% briefly.
EUR/USD is in the low 1.4040s. Watch support at 1.4030. Bids are seen ahead with trailing stops not far below….
