Macro and Government Bond Commentary: Yields continue lower, liquidity surplus widens • The 10Y benchmark (6.33 GS 2035) opened mildly higher at 6,30% tracking a rise in treasury yields overnight (following better than expected US JOLTS job openings and ISM manufacturing PMI along with fiscal worries). This upside in yields did not last, with some demand seen early in the afternoon. The 10Y point closed trade at 6.29% vs 6.31% prev.
