Morning Bid: Wall St set for rebound after worst week since March

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Morning Bid: Wall St set for rebound after worst week since March
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A look at the day ahead in U.S. and global markets by Samuel Indyk

and an announcement by the Treasury that bond issuance was set to surge in the third quarter all sent longer-end bond yields to multi-month highs last week, in turn weighing on equity markets.provided some respite but analysts have sounded the alarm about the pace and size of the bond market moves.

"In terms of Equities, they have been trading growth recently, rather than multiples, so unclear what the impact will be, especially as there are cross-currents both ways in terms of what this move means for GDP."Futures on Wall Street , , are signaling a slightly higher open, although European equities

The more upbeat Wall Street mood might be because a tightening in financial conditions could give the Fed another excuse to ease off the pedal when it comes to further tightening or even cut rates sooner.

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