Here's the latest snapshot:
- Eurostoxx -1.6%
- Germany DAX -1.6%
- France CAC 40 -1.4%
- UK FTSE -1.8%
- S&P 500 futures -1.0%
- Nasdaq futures -1.3%
- Dow futures -0.8%
It's a risk-off wave in markets at the moment and a bid in bonds is also lending to a bid in the Japanese yen. 2-year Treasury yields are down 6 bps to the lows for the day at 4.851% while 10-year yields are down 2.6 bps to 4.021% currently. As such, USD/JPY is down 0.7% to 142.30 and extending the fall from earlier here.
