 Treasury yields saw declines on Tuesday. Currently, U.S. yields at 4.16%, up by a basis point. We also look to the U.K. inflation data out later today for more clues on the rates outlook. Does that pressure sterling? In terms of the pound this morning, 129.69, slightly softer against the U.S. dollar, which actually against a basket of currencies is also a fraction weaker. That is a look at the markets.