The dollar spiked higher on the release of the U.S. jobs report, the headline topped all estimates at +303K, the gains were not uniform as the CAD underperformed G10 peers the most
Strength reversed and the Cable FX Macro Dollar Index is now flat on the day. Scandies lead the group while the loonie and the kiwi hold to session losses
The curve holds to losses and the 2-year yield is higher by 6.7bps to 4.715%, 2s10s and 5s30s flatten by about 1bp on the day
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