Major indices down at the opening
It is early but the US major indices are opening more weaker than expectations.
The S&P is down about -6 points in early trading. The Nasdaq is down about -13 points. The Nasdaq futures were up a bit in pre-market trading.
So softish start for stocks.
US yields are showing more weakness on the longer end. The 30 year is down -2.8 bp and the 10 year is down -1.2 bp. The 2 year is up fractionally (up 0.4 bp).
