The US economic data was mixed overnight; regardless US 10 Year Treasury yields ripped higher settling in near 1.85 %, the highest level since May. Also, despite German Yield front running and outpacing the US Bond market move, the USD came out on top. Diminishing expectations of more stimulus from the ECB and BOJ after recent warnings about the systemic risks of running low-interest rate policies for too long is clearly the thème du jour. And with traders anticipating a similar tack from the Federal Reserve Board in consort with their G-3 Central Bank colleagues, the Greenback made steady headway overnight. In a m ... (full story)