US yields are up 12 bp on the down now, back above 3.45% in the 10-year note yield.

The greenback is getting a lift from the rise. Part of the backup is for the wrong reasons (a weakish Inflation-Protected securities auction) but part is based on firm US housing, employment and manufacturing data today.

EUR/USD has dipped back below 1.3450 and USD/JPY ran as high as 83.13 before stalling.