After a modest gap up opening on Sunday evening, and a sudden mysterious panic-bid as Europe opened, US equity futures are now tumbling, back below Friday’s highs, in what appears to be a delayed reaction to the renewed spike in Treasury yields…

China got a hand up from The National Team..

 

And someone panic-bid US equities as Europe opened…

 

But spiking US rates are back at ‘spooky’ levels for stocks…

 

We’re gonna need more PPT…