US stocks are modestly higher in premarket trading

Major US stock indices are now trading higher in premarket trading. The futures are implying:

• Dow industrial average of 35.18 points.
• S&P index up 8.41 points
• NASDAQ index of 42.11 point

Looking at the US yield curve, the

• 2-year yield is down -1.5 basis points at 3.892%.
• Five year yield is down -3 basis points at 3.931%
• 10 year yield is down -2.5 basis points at 4.349%.
• 30 year yield is down -2.3 basis points at 4.866%

Crude oil is now trading down modestly at $73.90. The low price reached $73.16 trading above $78 earlier today

This article was written by Greg Michalowski at www.forexlive.com.