Stocks are giving back much of the gains made on Friday, now down 0.8%. Bond yields continue to slide as well, down to 2.55% from 2.60 earlier in the day and 2.65% at Friday’s close. Risk aversion is in full flower once again.

EUR/JPY trades at 107.45 and EUR/CHF at 1.3000, both sharply lower on the day but slightly above earlier intraday lows.