Treasury yields stay on the retreat to start the session

10-year yields fall by nearly 3 bps to 1.63%

USGG10YR

We’re not seeing this translate much into a move in FX just yet but just be mindful in case yields start to push lower towards the soft bottom around 1.60%.

That may translate more into dollar weakness in the sessions ahead, despite the greenback keeping somewhat steadier across the board at the moment.

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