Where barrier option interest is presumed.
I have to say the continued rise in US treasury yields is rather impressive. The 10 year yield is presently up at 2.3405 from the 2.2720 I jotted down last night just before I headed off to the land of Nod. At the moment, in my opinion, that’s the single most important factor driving forex markets.
So watch those US treasury yields like a hawk pumpkins
We’re all back to being fixed income traders (whoopee)
Yesterday I mentioned sell orders clustered up at 1.3090/00 and they duly capped the single currency rallies. No need to thank me too prefusely. I guess there’ll still be decent interest up there, but will have to get confimation as the morning progresses.
Will I get to put up a “pop goes the weasel headline” this morning?
Will Joe and the other two musketeers get to see their 1.3000 target reached?
Let’s hope so. I’d certainly like to see Joe’s run continue, bless his little cotton socks.
It’s all so very exciting I can hardly contain myself
UPDATE: Just in the course of writing this little ditty, the 10 year treasury yield has slipped back below 2.3300, EUR/USD firmer.
