Risk sentiment continues to improve as there are ongoing signs of improvement in daily death rates of Coronavirus and discuss begins to turn to exit strategies for some countries. This helped to spur renewed appetite for risk that ran strongly higher throughout the US session yesterday. Treasury yields have turned a near term corner and are continuing to driver higher today. The US 10 year yield has increased by 13 basis points now from Friday’s close. This helped drive Wall Street markets strongly higher and the legacy of +7% gains is being felt across equities early today.