The 10-YR US Treasury yield moved from 1.88% in January to 0.66% today. Here is the history of big quarterly changes in rates and the performance of the S&P 500. @SoberLook, @BradHuston pic.twitter.com/TTfdJemYbf
— David Schassler (@schassler) March 6, 2020
— Squawk Box (@SquawkCNBC) March 6, 2020
— Andrew Barden (@abarden) March 6, 2020
Investors haven't heard "circuit breakers" for a while. I suspect they may shortly. A reminder of NYSE levels:
-7% anytime before 3:25 – 15 minute halt
-13% anytime before 3:25 – another 15 minute halt
-20% any point in the day. Trading day is over. pic.twitter.com/L4NQp2rYVB
— John P. Hussman (@hussmanjp) March 5, 2020
— Invariant Perspective (@InvariantPersp1) March 6, 2020
For everyone who’s under 700 years old, this is exactly what trading through the Sovereign Debt crisis of 1345 felt like.t.co/HomOhWSXnj
— Jamie Catherwood (@jfc_3_) March 6, 2020
The Fed wasted that all important fire power last year.
On fighting a trade war that was not theirs and inflating assets. Now they are hamstrung w/very LITTLE ammo.t.co/2niu8uVOCC
— FreeMarkets-TQN-👑 (@TechQn) March 6, 2020
Federal Reserve – what a difference a month can make!
— Martin Enlund 🦆🚁 (@enlundm) March 6, 2020
(Bloomberg) — Investors withdrew $12.2 billion from U.S. funds that buy corporate bonds and loans, the biggest weekly total in at least a decade.
— Gregory Mannarino (@GregMannarino) March 6, 2020
Corporate insiders appear to be losing faith in their companies. They’re betting their shares will not return to new all-time highs any time soon, according…
Friday’s stock market rout and a fresh record low in government bond yields pushed traders to assign a 65% chance of a 75 basis point reduction by the March 17-18 Federal Open Market Committee meeting
With risk assets crashing, gold soaring, and bonds enjoying their biggest yield drop in years – if not ever -the time to pay the piper has come…
Global central banks have no room to fight the crisis caused by the coronavirus outbreak, according to Deutsche Bank AG.“Policy failure is here,” George Saravelos, the bank’s global head of currency research, wrote in a note. “We disagree with central bank pronouncements…