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US 10-year yields now up 8 bps on the day. Here comes 2%.
There's nothing standing in the way of US 10-year yields rising to 2% as we blast through resistance today. Earlier, the rise provided a strong kick of support for the US dollar but it's leveled out. Some of that is risk aversion weighing on USD/JPY and the commodity currencies are benefiti
Source: www.forexlive.com