US bond yields are rising this morning as QE is priced in already. We are up to a 2.55% yield in 10s from 2.49% at the close last night.
The buck is getting an oversold bounce after the combination of Bernanke and data.
Gold is giving back gains after stalling ahead of yesterday’s high as well. It peaked at $1385 a short while ago and trades now at $1370.
