Treasury yields pushing higher
USD/JPY hit a wobble and fell to a European low of 100.02 but a slump in Treasuries has helped spark a rebound to 100.22.
US 30-year yields have moved up 4.2 bps to 2.30 with most of the move in the past hour. US 10s are up 5 bps to 1.58%. Perhaps most importantly, 2s are up 4 bps to 0.74%. All the moves are within the recent ranges.
