Bond Blooodbath – Treasuries Haven’t Seen A Longer Losing-Streak Than This In 43 Years
by Tyler Durden
Mar 9, 2017
Overnight saw Chinese money markets start to get angry and the Yuan tumble, Draghi didn’t help, and Spicer’s Glass-Steagal comments did not create hope – with credit, copper, crude, emerging markets, risk-parity funds, and now china all crumbling, is tomorrow’s payroll print the catalyst for stocks to wake up?
The Dow was desperately saved from being down 6 days in a row (which would have been the longest losing streak since the day before the election)…
Dow, S&P, and Nasdaq clung to unchanged from before the Trump speech ramp…