Afternoon Update

3:32 p.m. ET The 2-year yield is up around 6 bp, the 10-year yield is up 10 bp to 4.22%, well above overnight highs in the 10-year at 4.18%. The U.S. Dollar Index isn’t tracking perfectly with yields, but is moving in the same direction so this morning’s earlier losses of more than -0.6% which…