Discuss surging Treasury yields and crude oil prices pressuring equity futures as the 10-Year Treasury yield reached 5.041%, its highest level since 2007. Cover market expectations ahead of the FOMC rate decision, with CME Group's CME FedWatch Tool pricing in a 92% probability of a rate hike. Highlight heavy put option activity in E-mini S&P 500 futures and E-mini Nasdaq-100 futures, along with Bitcoin trading down toward $75,000 as Micro Bitcoin futures volume exceeded 65,000 contracts. Mention the upcoming September 28 launch of CME NHL Index futures.
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