10 year up 16.5 basis points; highest since early July.

Yields are moving sharply higher with the 10-year now up 16 basis points at 4.448%. 2 year yields are up 10.2 basis points at 4.305%.

The 10 year yield is at the highest level since July 2.

Bitcoin is up to a new record and currently trades at $74359. The high reached $75080. That is a new record high for the digital currency.

• EURUSD trades below the low from October and trades to a new low since early July.
• USDJPY trades above the 153.88 highs from last week (and the swing high from July 31 at 153.88.

This article was written by Greg Michalowski at www.forexlive.com.