That was quite the Monday given there was no data to look to.
In Israel, PM Bennett is also clinging on by his fingernails after the opposition passionately voted against a law they all passionately support, and so did some his own coalition: new elections or a new coalition there are also likely to usher in dollops of populism.
In markets, we saw a further push higher in bond yields: US 2s rose 7bp to 2.73%, 5s by 10bp to 3.03%, and 10s by 11bp to 3.04%. The 3% ceiling has been clearly breached again, and the curve is steepening. That may well have been helped by heavy invest-grade bond issuance ahead.
www.zerohedge.com 
