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Thursday, March 28, 2024

Dow Crashes 1300 Points As Bond Yields Flash-Crash

Courtesy of ZeroHedge. View original post here.

Treasury yields just flash-crashed… 30Y back below 3.00%

And The Dow is down 1300 points…

The Dow is now underwater for 2018!!

The Dow is down over 1000 points… and VIX is over 32!

*  *  *

Dow is now down over 500 points, dropping back below 25,000 as VIX spikes over 25!

*  *  *

Paging Jay Powell…

S&P and Dow are now down over 5% from highs…

Today’s tumble in The Dow has pushed gold above it Year-to-date…

The Dow is now down over 400 points today and VIX is back above 21 for the first time since the election in Nov 2016.

It’s accelerating…

The Dow is now down 450 points and testing its 50-day moving-average

And the S&P is at its 50DMA too…

This drop has erased 2018’s gain for Small Caps and Dow Transports…

As Stocks plunge, bond yields are tumbling too…

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