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Yields, S&P 500 Futures lick wounds amid sluggish session, coronavirus eyed

1 month ago   |   By FXCM

Market sentiment improves on cautious optimism surrounding Omicron during quiet Asian session.
US 10-year Treasury yields rebound from 16-month-old support line, stock futures pare Friday's losses.
US inflation data, virus updates are important for fresh impulse ahead of next week's FOMC.
Risk tone recovers during early Monday's inactive Asian session, favoring the US Treasury yields and stock futures to consolidate Friday's losses.
That said, S&P 500 Futures print 0.45% intraday gains and the US 10-year Treasury yields gain 4.2 basis points to 1.378% by the press time. It's worth noting...
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