Brought to you by Livesquawk's Fixed Income specialist James Hirai
European Fixed Income Morning Preview:
It's a quiet start to the week with much of Europe on holiday for Whit Monday, although the major markets are still open.
Markets should take their cues from equities and FX again, with no major data or speakers on the schedule.
Treasuries initially rallied on the Asia open, but failed to hold gains, as the Nikkei powered higher after Abe was reported to have delayed the sales tax hike again. However, the Japanese Chief Cabinet Secretary later denied this and equities then lost ground, which supported Treasuries.
