Futures screaming higher after the recent whackage on GM’s IPO and a and a European Union-led bailout package for Ireland (no word on Greece, however).

Bloomberg ^[1] reports that Stocks rose around the world, the euro strengthened and commodities snapped two days of losses. Treasuries dropped, sending the yield on the 10-year note up two basis points to 2.90%. Silver increased 3.8 percent and oil added 1.8%.

The most recent sell off wiped more than $2 trillion off the value of global equities since the start of last week.

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