I’ve been closely watching 2.70% in T-notes because it was the low last week. It briefly gave out moments ago to a low yield of 2.6986 before rebounding above 2.70%.
There is a fuzzy area of support in 10-year notes down to 2.69% and liquidity is likely thinning out so I wouldn’t hit the panic button but it definitely raises risks. USD/JPY has been trading in tandem with yields and 102.00 isn’t looking so safe.
US 10 year yields
