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UST - Fed Funds Futures No Longer Imply Negative Rates
ProShares Ultra 7-10 Year Treasury
Overview: Another late sell-off of US equities, ostensibly on questions over Moderna's (MRNA) progress on a vaccine, failed to deter equity gains in the Asia Pacific region. China was a notable exception, but the MSCI Asia Pacific Index rose for the fourth consecutive session. European shares are little changed, but reflects a split. On the one hand, health care and utility sectors are up more than 1%, while financials and real estate are off more than 1%.
Meanwhile, US shares are higher with the S&P 500 poised to recoup most of the late losses seen