US 10-year yields touches 3.12% now
And that's helping to give the dollar a general bid across the board. EUR/USD is now back below 1.1800 and GBP/USD has fallen back to 1.3530 currently. Meanwhile, the dollar has also pared losses against the swissie and kiwi on the day.
At 3.12%, 10-year yields are at an almost seven-year high right now.
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