Daily Kickstart (China Grateful For Meandering Dollar, “Frexit” Fears Subside)

Daily Kickstart (China Grateful For Meandering Dollar, “Frexit” Fears Subside)

The overnight session was largely a snoozer on Thursday (no pun intended). The dollar looks to be stuck moving sideways as yields remain subdued despite Wednesday's less than stellar 10Y auction. "Bond markets are in buoyant mood, dollar bulls therefore, not so much," SocGen wrote earlier this morning, adding that "that’s a bit unfair because the dollar is actually a little higher across the board, but it will be heavy going in the absence of either a shift back towards rising bond yields or
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