US 10-year yields down 7.6 bps to 1.96%

US 10-year yields have rebounded from 1.90% as markets show some (very early) signs of stability.

We made it through the first 30 minutes of stock trading and the lows so far were in the earliest prints. The index is wedging a bit now; I'm watching 1910 very closely in the S&P 500. If we break that, I expect sentiment to continue to improve.