Futures indicated European markets were set for a broadly lower open, with Eurostoxx 50 futures down 0.26%, German DAX futures down 0.12%. FTSE futures however were up 0.04%.
"The current crisis is not yet over," he said. "And even when it is behind us, there will be repercussions from it for years to come." Two-year yields are at 3.864% and 10-year yields at 3.352%, with the whole U.S. yield curve below top of the Fed funds rate window, which is at 5%.
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