Ja-Panic? - Stocks & Bond Yields Are Collapsing As Asia Opens

Ja-Panic? - Stocks & Bond Yields Are Collapsing As Asia Opens

10Y Treasury yields are collapsing to new record lows as Asian markets open - down to a stunning 82bps...

Source: Bloomberg

2Y TSY yields are back below 50bps...

Source: Bloomberg

For the first time since 2016...

Source: Bloomberg

China's 10Y Yields just fell to a record low...

Source: Bloomberg

And Dow futures are down over 200 points, accelerating lower as no apparent imminent intervention from The BoJ is seen...

AsiaPac stocks are a sea of red...

And the dollar continues to get dumped...

But don't worry, a good jobs print tomorrow will bring the machines back on line in dip-buying, must confirm all is well mode... or not!

The market is now pricing in 3 more rate-cuts to the April Fed meeting...

That will save us for sure! Right?

 

Tyler Durden Thu, 03/05/2020 - 21:21
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Ja-Panic? - Stocks & Bond Yields Are Collapsing As Asia Opens