Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
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Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
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The U.S. Treasuries jumped during Tuesday’s afternoon session amid a muted trading session that witnessed data of little economic significance ahead of the country’s 10-year TIPS auction and initial jobless claims, scheduled for rest of this week.
The yield on the benchmark 10-year Treasury yield slumped 3 basis points to 1.806 percent, the super-long 30-year bond yield plunged 3 basis points to 2.265 percent and the yield on the short-term 2-year suffered nearly 2-1/2 basis points to 1.547 percent by 13:45GMT.
US and European stock futures inevitably also fell in Asian time. And the week’s trading in USTs got underway with yields moving lower across the curve, with 10-year yields down about 3bps back to 1.79 percent, Daiwa Capital Markets reported.
There are no top-tier US economic releases due today to distract from the start of President Trump’s impeachment trial, the report added.
Meanwhile, the S&P 500 Futures remained tad -0.31 percent lower at 3,314.62 by 13:50GMT.
