Treasurys pull back alongside market fears

|About: ProShares UltraShort 20+... (TBT)|By:, SA News Editor

Hurricane Irma caused plenty of damage and millions are without power, but its punch was far less than feared.

Stocks are poised to open about half-a-percent higher, and the 10-year Treasury yield - which threatened to dip below 2% last week - is all the way up to 2.10%. TLT -0.55%, TBT +1.1% premarket

The FOMC's two-day September meeting begins a week from Tuesday, and markets have priced out the chance of any rate hike then.

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