2-year note yields approaching trend highs

0.89% was the high yield back in mid-February. We trade now at 0.86% as members of the FOMC turn decidedly more hawkish.

A firm employment roll should help underpin the dollar across the board on the perception that the Fed is much closer to hiking rates than earlier expected.

EUR/USD has triggered small stops below 1.4140 and traded down to 1.4134 so far.

USD/JPY is chipping away at offers ahead of 84.00, as high as 83.89 thus far.

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