STOCKS SUMMER SLIDE: DOW -250 Points, Government Bonds Are Selling Off Around The World! Gold And Silver Markets COLLAPSE! Stock Market Crash IMMINENT!!!
June 20th, 2013
The entire global financial markets are selling off sharply today.
U.S. stock markets are getting slammed early in the trading session. The Dow and the S&P 500 are down by over 1.5%. This follows major sell-offs in Europe and Asia earlier today, and it extends yesterday’s U.S. market sell-off.
Treasury rates are rallying, which means U.S. bonds are getting slammed too. The 10-year yield is at 2.40%, up 5 basis points from yesterday’s close. It was as high as 2.47% earlier today.
In fact government bonds are selling off around the world:
French 10-year yields are up 12 basis points to 2.22%
German 10-year yields are up 9 basis points to 1.65%
Swiss 10-year yields are up 18 basis points to 0.90%
Swedish 10-year yields are up 14 basis points to 2.13%
Indonesian 10-year yields are up 56 basis points to 4.76%
Russian 10-year yields are up 46 basis points to 4.14%
Turkish 10-year yields are up 46 basis points to 4.60%
Mexican 10-year yields are up 17 basis points to 3.76%