It should be an interesting one.
Following yesterday’s dramatic late-day selloff in the US, futures are bouncing back modestly, with S&P futures pointing to gains of 0.5%.
Meanwhile, Italian yields, the tail that wags the world’s dog, are swinging back and forth wildly.
Here’s an intraday look at the yield on the Italian 10-year. Huge spike, then pullback in just a short period of time.
Meanwhile, European markets are lower across the board.