Good morning- Global equities are all higher to start this morning for a second straight day. In Europe, the Stoxx 50 is up 39 points, the DAX is up 112 points, and the FTSE is up 58 points. In Asia, the Nikkei is up 60 points while the Hang Seng is rallying 664 points higher. US stock futures were lower before the market opened but are now all slightly positive. The DOW is up 78 points, the S&P is up 9 points, and the NASDAQ is up 6 points. Oil was flat earlier and is now trading a bit higher to $61.58. Treasury yields are 2-5bps lower across the curve in steepening fashion with the 10yr treasury dropping 5bps to 2.86%. In the credit space we saw each of the three Barclays indices close marginally tighter last night. The tone in the primary IG market remains mixed with $10bn pricing this week as issuers navigate higher rates and widening spreads. It’s worth noting that there have been five consecutive weeks of withdrawals from HY funds as $6.3bn has been yanked in the past week. In economic news, we’ll see numbers on imports/exports and uMich survey data.