Stocks Erase ‘Black Monday’ Losses As Vol Tumbles; Bond Yields & Black Gold Surge If you took the week off and are just now looking at your book, you could be forgiven for being confused and unimpressed… S&P unchanged, rate-cut expectations notably lower, TSY yields up 15bps, and oil surging. Source: Bloomberg What you missed was a 6% collapse in stocks (and 20bps plunge in TSY yields) on Monday as yen-carry-unwinds wreaked havoc in risk markets with VIX exploding to crisis highs, before vol-sellers piled back in… Source: Bloomberg As Goldman’s Tony Pasquariello highlighted this morning, the wedge of market… — Continue at ZeroHedge News : Read More
Home » Stocks Erase ‘Black Monday’ Losses As Vol Tumbles; Bond Yields & Black Gold Surge – Tyler Durden