Equity jitters steepened curves within prior ranges, keeping 10y UST above 4%. Bunds richened vs swaps as long-end rates stayed sensitive to Dutch pension news. TIC data also showed solid foreign demand for US assets, especially Treasuries.

Technical signals in the S&P 500 and Nasdaq hint at a possible major top, with gap fills and steep downside targets ahead. Sentiment complacency and AI-driven excess add to risks if a routine bear-market decline unfolds.

Gold price attracts some buyers to around $4,070, snapping the three-day losing streak during the early Asian session on Wednesday.

GBP/USD remains trapped in a rough near-term consolidation zone, with Cable bids cycling the 1.3150 region.