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U.S. equity futures trade sharply lower with the S&P 500 futures down 1.0%. The overnight weakness follows a 7.3% plunge in Japan's Nikkei. Japanese stocks sold off amid continued volatility in Japanese Government Bond futures as the 10-yr yield spiked almost 16 basis points to 1.002 before retracing nearly all of its gains. In addition, the yen is notably stronger this morning with the USDJPY ... More
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