German 10-year bond yield is slightly higher at 3.27%, having turned higher intraday and risen following the US CPI release.

Rubio: the U.S. is negotiating a memorandum of understanding on military aid to Israel.

US Defense Secretary Hegseth will hold a rare Pentagon press conference at 8:00 a.m. ET on Tuesday (21:00 Beijing) as the House prepares to vote this week on articles of impeachment. Rep. Thomas Massie filed amended articles accusing Hegseth of abuse of power, including initiating military action against Iran without Congressional authorization, disregarding laws intended to minimize civilian casualties, and retaliating against Sen. Mark Kelly. Under House rules, an up-or-down vote must be scheduled within two legislative days. House Democratic leader Hakeem Jeffries said Monday he will support the resolution. It remains unclear whether any other Republicans will back the articles; Massie said he had not yet secured GOP commitments.