Futures slip after bond yields surge, Bitcoin tumbles
Bond yields retraced slightly surge, which impacted the major indices on Wall Street. Meanwhile, Bitcoin experienced a sharp decline following a news report stating that billionaire Elon Musk's SpaceX had devalued the cryptocurrency it held. In addition, heavily indebted developer Evergrande has filed for bankruptcy protection in the U.S., as challenges persist in China's extensive real estate sector.
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