A.M. Update

S&P futures are down -0.25% after posting some gains overnight as Treasury yields pulled back,but they’ve since reisen again in a choppy chaotic overnight session. The 2-year yield is up 5 bp to 4.60% and the 10-year yield is up 4 bp to 4.17. U.K. Prime Minister Liz Truss has resigned. The pound has bounced…