Keep an eye on the bond market in the day ahead.
The one spot where there is no lack of volatility today is in Treasuries. US 10-year yields are up 6 basis points to 2.625%. A break above the downtrend since May or the 100-dma could pull in the bond shorts for another round and provide a reason to buy US dollars.
European yields have moved up alongside Treasuries so there aren’t really any move on spreads but that could change if we get another day like today.
US 10 year yields
