Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023.
Or it may just be a series of idiosyncratic news events.
Although both stock futures and bond yields edged back a touch again on Tuesday ahead of the bell, the fact they are moving in tandem ahead of a critical week for macro policy is notable.
Overseas, European markets held up as this week's European Central Bank meeting is awaited with economists split on its outcome.
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