Bond yields getting hammered, stocks getting hammered, oil getting hammered...you know where this is going
The S& is down 50 at 1831 and the Dow down 370 to 15645. I've highlighted bonds and Brent oil is under $28 while WTI is clinging on to the $28 level
USDJPY is softening as well and we have that important 116 level only 40 odd pips away as I type
USDJPY H1 chart
We've seen recently that the cascade effect can happen from any number of angles so if this goes then it could get a bit messy, especially with big stops sitting at 115.75/80