Stocks, Bonds Find Relief Ahead of Fed, EU Floats Canada Becoming 'Associate Member'

US equity futures and Treasuries are finding relief ahead of the Federal Reserve's interest-rate decision, with traders weighing the possibility of the first rate hike since 2023. Separately, European Commission President Ursula von der Leyen asked Canada to become the EU's first associate member, signaling a potential deepening of EU-Canada ties. The Fed decision is the dominant near-term market catalyst.