"Whatever it takes" may not be enough to save this..
Despite the ongoing money-printing and delusion of ECB bond purchases, European credit markets are crashing.
Investment-Grade European corporate bond yields spiked to 6-month highs today - diverging notably from the flow of central bank buying...
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And as credit weakens so stocks tumbled most in over 6 weeks...
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Which sent Europe's VIX surging...
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But US VIX is back above EU VIX - by the most since August 2015's China-Deval flash crash...
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