US sells 7-year notes 1.588% vs 1.598% WI

Results of the 7-year sale

  • Prior was 1.461%

This is in contrast to the tail in yesterday's 5-year sale. That's the final sale this year and I suspect it will cap yields for the week.

Along with that, USD/JPY is struggling to get back over 115.00 and that suggests a double top.

USDJPY 10 mins

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