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Jerome powell will be sworn in at sworn in as the 16th fed chair. The german Angela Merkel allowing extra time for talks with the spd to form a new grand coalition. As you point out, less than a half hour away from the start of cash trading. Futures are getting crushed. Take a look at the percent missed price that we see, according to the bloomberg. We are looking at euro stoxx 50 futures opened down. The castrate open down. 7 . Ftse cash trade open down. 7 . S p futures are included here. S pers are watching whether futures will get a bounce back. So far, they havent. Still in the red by 1 10 of 1 . Take a look at 10year yields. I have treasuries in my terminal. This is three days of the 10 year yield them and you can see it is climbing ever higher. At one point a few minutes ago we were trading at 2. 88 . When is this yields going to get high enough that the fed rate that are priced in andor investors decide that wed rather have ....