⚖️💵Dollar Swaps Rise Across Tenors: Cable FX Macro

• Dollar overnight index swaps jump across tenors after as the docket digested ADP, jobless claims and PMI data

• The 12mo tenor is now shy of 5.0% as it rises 7.3 basis points to 4.67%

• As we move into the longer term par of the curve, 1y and up post double-digit rises on the session