Stock futures rise as central banks calm markets and bank fears ebb.

US stock futures rose ahead of the open on Tuesday following efforts to stabilize the banking system. Bond yields are rising, potentially indicating less of a recessionary impulse from the banking system. The headliner event of the week will be a crucial two-day meeting of the Federal Reserve's policy-making committee, where central bank officials face a tough decision whether to raise interest rates again or take a pause amid the turmoil in the banking sector. US regional banks remain an area of focus, with JPMorgan reportedly leading talks with other banks about efforts to stabilize First Republic after last week’s $30 billion deposit lifeline failed to restore confidence. The US government is exploring ways to guarantee all bank deposits, an effort that wouldn’t need Congress to pass a new law.