10-year Treasury yields fall back towards 4% on the day

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<p style=““ class=“text-align-justify“>I don’t think we are going get much answers to that in European trading today. However, it certainly is a key spot to watch before the weekend and later in US trading – especially with the ISM services index in focus. 10-year yields in the US are down about 6 bps now to near 4.00% and that threatens to erase the jump higher yesterday.</p><p style=““ class=“text-align-justify“>In turn, this is seeing equities stay slightly more upbeat on the session and is continuing to keep the dollar lower on the day. USD/JPY is down 0.4% to 136.20 now in a steady drop from 136.65 after the handover from Asia.</p>

This article was written by Justin Low at www.forexlive.com.

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