Lower commodities prices, lower stocks and hopes from some fiscal austerity from Washington are helping undermine US yields once again. We’re back down to the 3.34% level in the 10-year note, 8 bp lower than the 3.42% level seen after the upbeat consumer confidence data earlier today.
USD/JPY triggered stops below the 82.25/30 level from where we bounced yesterday and earlier today. 82.05 and 81.85 are support now. We trade at 82.14 as we write…
