Markets Pre-Open: US

5.02% — the 10-year Treasury yield, its highest since 2007, as surging oil prices, sticky inflation, and near-certain Fed tightening pile pressure on risk assets ahead of Wednesday's decision.

Money Moves

• Dow futures slide 0.56% to 52,150 while S&P 500 futures drop 0.42% to 7,590 and Nasdaq 100 futures shed 0.37% to 29,050 — extending Monday's broad risk-off tone
• Fed rate hike odds hit 92% via CME FedWatch, up sharply from just 59% a week...