US equities are on session lows, down 1.3%. Bond yields are near their lows as well, as prices are driven up. 2-year notes are at 0.875% from 1.20% on New Year’s eve.
Oil is down a buck, at $78.40 and gold is around $1130.
The dollar is holding its own today despite lower yields with Greece making the euro a less attractive safe-haven at the moment.
Demand for EUR/USD remains rumored at 1.4350/60; a break targets a test of the 200-day moving average around the 1.4280 area.
