US markets are better again this morning, rebounding after a sharp selloff last week after better than expected earnings from Wal-Mart and Home Depot lifted sentiment and speculation overnight that the ECB will add to stimulus measures sparked a global rally. Treasury markets are moving lower again today as money leaves haven assets, pushing the yield on the US 10-year note back to 2.30%, while oil continues to trade with a heavy tone near the low for the year. High yield is opening up ΒΌ point generically in early trading after rallying in to the close last night as equities improved. Issuers stayed on the sideline Monday on another day of outflows from the asset class suggesting investors remain cautious amid unsteady oil pricing, signs of continued global weakness and ahead of what most view to be a high likelihood of a rate rise next month from the fed.