US stock market open 7 August 2015
– S&P -2pts to 2082
– Dow -18pts to 17401
– Nasdaq -11pts to 5045
US 10 year yields 2.21% -1bp
Bonds are doing their thang in shifting around the curve and positioning for the Fed again. Yields are near the lower end of the day’s ranges so watch to see if we break that as that may translate through to the dollar