US Treasuries Are Soaring, Stocks Fading As European Bond Risk Surges

30Y US Treasury yields have collapsed over 14bps since Draghi unleashed QE... and US equities now well in the red post-QE.  Not exactly the kind of risk-on "buy buy buy" everyone was hoping for as European Peripheral bond risk spreads are rising...

Treasury yields are plunging...

 

as are stocks...

 

As European peripheral bond risk spreads rise...

 

 

 

Charts: Bloomberg