Cable eases to 1.2017 as Asian equity weakness weighs on risk-sensitive GBP

1.2017 is lowest level since Wednesday's high of 1.2126 nL1N33I1NS

There is a large 1.2000 option expiry on Friday, GBP 896 million strike

Bids near 1.2000 propped GBP/USD on Tuesday and Wednesday (and last week)

1.2003 was Wednesday's low. 1.1993 was December low last week (Dec 22)

10-year UST yield rose to six-week high of 3.89% Wednesday nL1N33I163