Greenback and index have also appreciated further...

Notwithstanding the Yen’s aforementioned greater allure as a safe destination, the Greenback and index have also appreciated further with the latter registering a new post-NFP best at 93.483 amidst broad gains for the Buck.

However, the US Treasury curve has returned to pretty pronounced bull-flattening mode and could keep the Dollar capped on pure yield dynamics, even though other global bonds are trending in the same direction.