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Overview: The equity and bond rally in North America yesterday carried over into today's session. With some notable exceptions, like China, Taiwan, Australia, and Indonesia, most bourses in Asia-Pacific and Europe traded higher. US shares are little changed in early Europe after the S&P 500 rose to new record highs. The US 10-year Treasury yields fell six basis points yesterday, and benchmark yields eased in Japan, China, and South Korea. HSBC cuts Hong Kong's prime rate for the first time in eleven years, and several Middle East countries (Saudi Arabia, Kuwait, UAE, Bahrain) cut