It was a quiet start to the week for news flow, which was reflected in market movements. After the big rally in bonds and equities last week, yields are mostly higher globally to start the new week. the US 10yr yield is up 9bp to 4.66%, back to its level immediately ahead of payrolls data on Friday. The US dollar is a little stronger, up 0.1% on the DXY and equity markets struggled for direction. The S&P500 was little changed heading in to the close, following a 5-day streak of gains. Late in the US session, the Senior Loan Officers Survey was released and showed tighter standards and weaker demand, though the ... (full story)