Treasury yields pare declines, all to play for in US trading later

<p>10-year yields in the US are back up to 4.210% from a low of 4.175%, turning flat after the decline from earlier today. This is in turn putting a bid in USD/JPY and also weighing on gold as we head back to the drawing board for the day. The former is now up 0.2% to 146.80 levels while the latter is now flat at $1,919 after seeing light gains earlier in the session.</p><p>The dollar is also holding steadier as such, paring the marginal losses against the aussie and kiwi to keep marginally higher on the day instead now. EUR/USD is down 0.1% to 1.0805 while GBP/USD is down 0.1% to 1.2590 from a high of 1.2935 earlier.</p><p>Equities are not showing much poise though even if European indices are keeping slightly higher. US futures are flat and overall, it represents a more tentative mood across broader markets right now.</p><p>It's all to play for in US trading later.</p>

This article was written by Justin Low at www.forexlive.com.