S&P equity futures are trading well below prior close. Asian markets mostly higher overnight with Hong Kong a standout, up over 1.5%, while South Korea gained more than 1%. European markets and banking stocks again under pressure. Treasuries stronger following Tuesday’s big bearish flattening move. Dollar index up 0.5% with best gains vs the euro. Bitcoin futures off 1.9%. WTI crude up 0.1% after losing more than 4.5% on Tuesday.

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