Bonds edge up as Wall St rally looks to fade

U.S. Treasury prices drifted higher in Europe on Thursday, erasing earlier losses as appetite
for safe-haven government bonds returned on signs the rally in U.S. stocks will stall.

Stock index futures eased, indicating a slightly lower open for Wall Street, after yesterday’s biggest one-day gain in about six weeks. session.

Analysts commented that the S&P needs a break of 1131 to clear the deck and have a re-think.