10-year yields down by ~35 bps on the day
A quick tumble sees 10-year Treasury yields fall to a fresh record low of 0.407% to start the European morning, with 30-year yields even falling below 0.80% to a low of 0.765%.
The market is feeling extremely heavy to start the day with massive losses across the equities space and European indices look set for a bloodbath at the open later.
USD/JPY is back lower around 102.30 levels currently after hovering near 102.50-70. The low today touched 101.57 amid the height of the market panic in Asia Pacific trading as oil prices collapsed to kick start the new week.
