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Treasury Yields Tumble To One-Month Lows As Stocks Slump, Dollar Jumps

2020 06 26 7 44 01

Treasury Yields Tumble To One-Month Lows As Stocks Slump, Dollar Jumps

Tyler Durden

Fri, 06/26/2020 – 10:46

Dow futures have tumbled nearly 600 points to 25k with small caps leading the collapse (down 2.5% on the day)…

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Pushing The Dow back to two-week lows…

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And bond yields are plunging, with 30Y back to one-month lows…

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But stocks have a long way to fall to catch down to reality…

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The Dollar has broken out to its strongest since May…

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Mnuchin, get someone on the phone!

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The volatility is coming as The Fed balance sheet shrinks for the second week in a row

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Maybe Powell will need to start printing again?


Source: zerohedge.com

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