US treasuries are trading lower this morning against a backdrop of increased risk aversion. The benchmark 10 yr treasury is yielding 1.6365% currently from the 1.6605% i jotted down first thing.
Sell stops have now been triggered through 100.00 in the EUR/JPY with more likely through 99.50. Low so far 99.69 on this session
Likewise USD/JPY sell stops were tripped through 80.00 and there are more poised on a break of 79.80,( low so far 79.82), CTA names apparently the early sellers.
AUD/JPY also ran through some stops at 80.00 to a low of around 79.91
