With Japan markets closed earlier, Treasuries are finally now getting the day started and we're seeing yields marked down lower. That isn't a surprise given how the dollar reacted with the bond market arguably being the lead mover. 10-year yields are down some 7 bps to 4.31% currently, getting checked back after a surging turnaround on Friday after the US jobs report.The initial reaction to the non-farm payrolls headline is understandable and so is the fact that the rates market might've felt a bit more forgiving of the number because of the hurricanes and strikes in the US. It might not necessarily explain the full decline in payrolls but it is something that market players can point their
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