10-Yr: -01/32..3.768%.. USD/JPY: 91.92.. EUR/USD: 1.3436Treasuries are mostly unchanged this morning following Friday's rally. The 10-yr yield is a bit higher near 3.772%. The yield curve is slightly steeper as traders continue to buy the front end of curve and sell the long end. A look at the 2-10-yr spread shows it trading at 281.9. The euro broke down below 1.3500 and is now trading near 1.3435. Look for a test of the 1.3340 level with a move below 1.3280 resulting in fresh lows for the currency. As traders sell riskier assets and look for risk aversion the yen continues to be a beneficiary. The yen is now trading around 92.00, and a breakdown below 91.80 should result in a move to 90.60. The move in the dollar has resulted in losses for crude oil and gold. Crude oil is down over two dollars to 81.00. Gold has found support at 1130 after a small sell off this morning. Today we hear from Fed Chairman Bernanke (9:00), as well as Chicago's Evans (9:00). The lone piece of data released today is Leading Indicators (10:00).
