It was a quiet night for news flow. US yields are higher amid growing bets the Fed will push higher after last Friday’s strong jobs numbers, but there was little new information overnight. Gains in the shorter end saw the 2s10s curve widening to its most inverted level since the early 80s at -87bp, though has since narrowed back to around -82bp US equities were higher through most of the US trading day, but declined over the session. The S&P500 opened around 1% higher, but declined through the day to now be around 0.5% lower. The NASDAQ is around 0.7% lower, while in Europe the Euro Stoxx 600 index closed 0.6% ... (full story)