Overview: A fragile calm hangs over the capital markets today. Equities in Asia-Pacific were narrowly mixed. Japan, China, and HK advanced. India saw some profit-taking after a two-day surge in response to the unexpected corporate tax cuts but recovered in late dealings. European shares are recovering after posting its largest loss in a month yesterday (-0.8%). US shares are trading firmer in Europe. Benchmark bond yields are little changed. Bonds in the European periphery are a little firmer, while the core is a touch lower. The US 10-year yield hovers a little above 1.70%. The