Beware, the US treasury is to auction off $39 billion of 10 year notes at the top of the hour. There is concern of international demand in US debt instruments (at least in the short term). The 10 year yield is currently trading at 4.462% up 20.2 basis points and up from 3.86% on Monday.

The NASDAQ index is up 291 or 1.91% ahead of the auction. The S&P index is up 51.98 points or 1.04%..

Source: Forex Live