- The ECB just announced a slowing of monthly asset purchases to €60B per month (from €80B) beginning in April.
- Bond yields are spiking higher in Europe and here, with the 10-year U.S. Treasury yield up six basis points to 2.40%. TLT -1.1%, TBT +2.2%
- The dollar index (UUP, UDN) is down 0.55% premarket.