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Overview: The US dollar is consolidating yesterday's post-Fed rally, and this is giving it a slightly heavier tone today. Equities are mostly lower and Europe's Dow Jones Stoxx 600 is off about 0.5% in late morning turnover, which if sustained would be the largest decline in three weeks. The S&P 500 posted a potential key reversal yesterday by setting new record highs and then closing below the previous session's low. Benchmark 10-year bond yields are mostly a couple basis points firmer, though Italian bonds are the exception. A stronger-than-expected manufacturing PMI appeared to spur demand.