Market chatter suggests large asset managers are using 10 year treasury futures as a hedge against potential equity downside in Q Gitcoin DAO is holding a re-vote to approve a revised $1,175,000 matching fund and updated grant categories for its upcoming Grants Round 24 (GG24). Voting ends Oct. 2. Some stocks, such as JPMorgan and Goldman Sachs, were making moves before the bell on Wednesday: The 10 year treasury futures traded slightly higher today amid softer-than-expected CPI data, pushing yields down to around 4.15%. Traders are pricing in a 60% probability of a Fed rate cut in September, which could support equity markets but also tighten the yield curve. Short-covering was evident as volume spiked above the 30-day average.