Swiss Flight To Safety Largest In 7 Months
While the equity markets inch back to their 'safe' place of de minimus volumes and slow leakage higher, it seems real money is flooding into the safety of Switzerland (and gold). Swiss 2Y rates are testing back into negative territory once again and have dropped (on demand) their most since August 2012.
and gold is also bid (despite USD strength) as safe-havens remain where real (non-Johnny 5) money is flowing...
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