Sovereign bond markets are starting to reprice, with yields heading higher. That gives pressure to equities, but we are seeing the csi 300 up 6 10 of 1 . The dollar has been mixed against asian fx. The korean won is losing strength. Show you whats going on in the bond market, there is glaring red. Its what we saw in the 10year yield, back above 2 , well back above that. Franklin templeton, dont underestimate how high the yields can go. They are saying 3 is possible. Youre seeing that movement in the aussie and 10year, up 11 basis points. Just a slight move when it comes to jgbs, negative. 13 basis points. Ahead of export and import data coming out of china. Take a look at this chart, what we are talking about, imports, soybeans in particular. Basically whats been going on, President Trump is complaining now that resident xi jinping is not delivering promises of buying agricultural products. Guess hes right because you see the downward trends but the last couple of months or so, we saw
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