S&P equity futures are trading above Monday’s close. Asian equities were weaker overnight with Hong Kong a laggard again, down over 1%. European markets are higher. Treasuries unchanged to slightly weaker following a big Monday rally that saw 10-year yields fall below 1.20% to levels not seen February, ending below 200-day moving average for first time since November. Dollar a bit firmer vs yen while little changed vs euro. Gold up 0.4%. WTI crude up 0.5% after losing more than 7% in the prior session.

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