Speculation that a midday statement by China's Politburo signals new efforts to support the economy ahead of the next week's holiday appears to have stirred the animal spirits. The unusual timing of the statement helped spark a rally in Asia-Pacific that lifted most of the large market by than 1%. Europe's Stoxx 600 has nearly completed the gap created by Monday's sharply lower opening. It is rising for the third consecutive session. US futures are, however, struggling, after some earnings disappointments. The 10-year yield was virtually flat on the week coming into today and is up five basis points to 2.87%. ... (full story)