There are not any main expiries to be aware of for the day. As such, markets can be left to their very own gadgets with the important thing tales thus far being China’s ¥1 trillion backstop to avoid wasting the inventory market and a extra hawkish tone by BOJ governor Ueda in his press convention.
Moreover that, the bond market stays a key spot to observe with 10-year yields within the US now seen up 2 bps to 4.113%. That’s nonetheless holding above the 200-day transferring common of 4.094% thus far this week.
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