US stocks were dealt a bit of a setback yesterday and that is setting up for a bit more of a pensive mood ahead of European trading later. That comes despite a fall in Treasury yields, which are bouncing a little today with 10-year yields up 5.5 bps to 4.176% currently.In FX, the dollar seems to have shrugged off its attachment to yields, as it is keeping more resilient. The fact that markets are seeing quicker rate cuts elsewhere while having arguably priced in a ceiling on rate cuts for the Fed next year is a key consideration right now. The euro is little changed at 1.0760 but has fallen in each of the last six days against the dollar.Looking to the session ahead, markets are likely to co
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