Who could have seen this coming? Well, credit markets for one. US equity markets have slipped into the red for the week, catching down to High-Yield credit's early warnings. The S&P 500 cash index is back at the magical 2,000 (so expect a magic bid). Treasury yields remain at the highs of the week (+12bps) but are beginning to limp lower. EURUSD is holding near its lows under 1.2950.
ECB rumor/news spike is fading...
[3]
Stocks slip to red on the week...
[4]
S&P at 2,000..
[5]
Catching down to credit.
[6]
As EURUSD holds losses...
[7]
Charts: Bloomberg
