A.M. Update

S&P futures are down -0.3%. Index futures seem a little touchy this morning, certainly tracking inversely to yields still, but very sensitive. The 2-yr yield is down 1 basis points to 5.04% and the 10-yr  yield is up one basis point to 4.74%. The U.S. Dollar Index is down -0.1% to $106.70. Weekly initial jobless…