The momentum from the end of last week carried into yesterday's activity, but the momentum began fading. Today, equities were mixed in Asia Pacific and weaker in Europe. The Dow Jones Stoxx 600 reversed lower yesterday and is slipped further today. The S&P 500 may gap lower at the open. US 10-year yields are a little softer after reaching one-month highs near 1.65%, but most European benchmark yields are one-two basis points higher. The dollar is also finding new bids after being sold in recent sessions. The dollar reached JPY107.50, its highest level since August 2. The euro remains mired within the range set last ... (full story)