US 30-year yields are now now up 1.7 basis points on the day to 3.71%.

You have to wonder if that's a sign of the market worrying about inflation once again if the Fed puts hikes on pause.

Meanwhile, US 2s are barely off the lows of the day and down 54 bps to 4.04%.

Have a look of the 2s30s chart:

US 2s30s