"Whatever it takes" may not be enough to save this..
Despite the ongoing money-printing and delusion of ECB bond purchases, European credit markets are crashing.
Investment-Grade European corporate bond yields spiked to 6-month highs today - diverging notably from the flow of central bank buying...
And as credit weakens so stocks tumbled most in over 6 weeks...
Which sent Europe"s VIX surging...
But US VIX is back above EU VIX - by the most since August 2015"s China-Deval flash crash...
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