Having been down over 1% overnight, US equity futures are all back in the green now, going vertical in the last few minutes as the dollar and bond yields suddenly slump…

Overnight weakness is gone…

Thanks to another ramp in XIV…

And this is happening as Bond yields and the dollar suddenly drop…

Notably, 10Y hit 2.87% this morning and did not trigger the selling in stocks that we have seen over the last week.