S&P Futures Limit-Up In ‘Classic Bear Market Rally’ As Stimulus Hopes Abound

S&P Futures Limit-Up In ‘Classic Bear Market Rally’ As Stimulus Hopes Abound

Global equities rebounded and S&P futures traded limit-up as the wild swings continue, with traders now hanging their hats on stimulus hopes stoked by Donald Trump's promises of "dramatic" action delivered at a press conference on Monday evening. Bond yields rushed higher. 10- and 30-year yields in the US rose ~20bps, while sovereign debt sold off in Europe as well, as markets frantically retraced Monday's action. 30-year yields in the UK jumped 20bps Tuesday. Italian yields fell, in anoth
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