Oil prices dropped. Front-month U.S. crude fell more than 3.79% to $71 a barrel after Saudi Arabia unveiled price cuts. Bond yields fell. The$美國10年期國債收益率 (US10Y.BD)$was recently around 4% according to moomoo.
Earnings season kicks off in earnest this week, started off by other major banking institutions$貝萊德 (BLK.US)$,$摩根大通 (JPM.US)$, and$美國銀行 (BAC.US)$Friday. U.S. inflation data is up ahead, with December consumer-price data due Thursday, followed by producer prices Friday.