US 10-year yields are now up 1 basis point on the day at 2.45%, marking a turnaround from the 2.40% low. That’s an early, modest sign of a potential turnaround.
US 10 year yields
Meanwhile, the S&P 500 is now up 9 points to a new record high of 1919. It’s the fifth day of gains in the past 6.
The combination has put a bid into USD/JPY as it climbs to 101.72 from a low of 101.43. The early US high of 101.78 offers some modest resistance.
