Overview: Two recent trends continue. Equities are moving higher, and the dollar remains heavy. Equity markets in the Asia Pacific region rose at least one percent, and South Korea, Singapore, and Malaysia rallied 2-3%. Europe's Dow Jones Stoxx 600 is up more than 1% for the third consecutive session. US shares are trading higher and are poised to extend their recent run. Bond yields are backing up. Australia, New Zealand, and South Korea saw 5-6 bp increases, while European bonds are 2-3 bp higher. The US 10-year benchmark is straddling the 70 bp area.
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