<ul><li>S&P 500 futures -0.4%</li><li>Nasdaq futures -0.6%</li><li>Dow futures -0.2%</li><li>Eurostoxx -0.7%</li><li>Germany DAX -0.6%</li><li>France CAC 40 -0.6%</li><li>UK FTSE -0.8%</li></ul><p style=““ class=“text-align-justify“>There’s not much in terms of catalysts as broader markets are waiting on the US jobs report tomorrow before firming up any convictions.</p><p style=““ class=“text-align-justify“>That said, bond yields are holding steady during the session so far. 10-year Treasury yields are sitting back close to the 4% threshold, seen at 3.995% currently. Meanwhile, 2-year yields while slightly lower are still sitting above the 5% mark – now seen at 5.038%.</p><p style=““ class=“text-align-justify“>Adding to that, bond yields in Europe are also looking perky and looking to fresh cycle highs. 2-year German bond yields are up 1.2 bps to 3.345%, hovering at its highest levels since October 2008.</p><p style=““ class=“text-align-justify“>However, when you look over to the major currencies space, it’s hard to find a matching theme. The dollar is lower across the board with USD/JPY leading the drop, down 0.8% to 136.20 at the moment.</p><p style=““ class=“text-align-justify“>The non-farm payrolls data can’t come soon enough.</p>
This article was written by Justin Low at www.forexlive.com.