The US bond market, already experiencing its worst selloff in six months, is entering a crucial two-week period that will likely determine its trajectory for the remainder of the year, including a critical 10-day test. Concurrently, US equity futures are rising as investors anticipate strong earnings from megacap tech firms, including Apple, Meta, Nvidia, and Tesla. The Nasdaq Composite is hitting new highs, driven by these tech stocks. Additionally, a de-escalation in geopolitical tensions is boosting market sentiment. Dow futures are up 146 points (+0.3%), S&P 500 futures are up 0.4%, and Nasdaq 100 futures are also on the rise. Oil prices are falling, heading towards their worst loss in over a year, adding another layer of complexity to the market dynamics. The VIX is falling as well, reflecting reduced market volatility. Investors are also keeping an eye on the upcoming nonfarm payrolls report.