This one goes right down to the wire
US 10-year yields have made a recent excessive at three.22%, up eight.four foundation factors on the day. That is a worrisome rise for fairness bulls however it’s excellent news for USD/JPY (as long as it would not wreck shares).
On the similar time, equities are nicely off their lows. The S&P 500 is down 18 factors to 2721. A detailed above 2711 would keep away from an outdoor adverse reversal.
Something might occur within the final 30 minute of buying and selling.