The US 10-year yield drifted a little lower in the early part of Tuesday trading, as we continue to move on the latest Middle East headlines.
The US 10-year yield has drifted a little bit lower during the early part of the trading session, but it is still above the 4.60% level, an area that previously had been a bit of a barrier, and it is still rather elevated. So, we are probably going to continue to focus on the bond markets. It’s a major driver of what happens in risk appetite and yielding versus non-yielding assets. So, keep that in mind and keep an eye on the 10-year yield. It gives you a little bit of a heads-up at times with those questions.