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?
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