HALISTER1: 10-Year UST, Yen Testing Key Levels on U.S. Strike on Syria: NAB

10-Year UST, Yen Testing Key Levels on U.S. Strike on Syria: NAB

(Bloomberg) -- “Clear risk” for 10-year Treasury yields and USD/JPY to trade lower as they’re close to breaking the lower band of their ranges, says Rodrigo Catril, a currency strategist at National Australia Bank Ltd. in Sydney.
  • Heightened risk aversion would also be negative for AUD
  • Markets will get a better sense on the next step from the U.S. when President Trump speaks and Russia’s response will also be important, Catril says
  • USD/JPY drops 0.5% to 110.23; hit 110.18 session low
  • 10-year Treasury yield fell as much as 5bps to 2.287%, lowest since Nov. 22
  • NOTE: Trump Says U.S. Strike on Syria in Response to Chemical Attack
  • NOTE: U.S. Launches Missile Strike on Syria in Response to Gas Attack

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Rodrigo Catril (National Australia Bank Ltd)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283