US stocks slide at the open but Treasury yields have bounced

Stock markets lower for the second day

The S&P 500 is down 11 points shortly after the open. The index fell 14 points yesterday.

Despite the decline, there is a bit of a turn in broader sentiment. USD/JPY has been creeping higher and US 10-year yields have climbed to 1.36% from a record low of 1.32% about 90 minutes ago.

10-year yields:

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