flight to safety

Stampede from Stocks Into Bonds Accelerates

February 9, 2016

Japan’s Nikkei-225 plunged more than 900 points overnight (5.4%), and the 10-year JGB yield fell below zero to -0.03%. Many other markets in Asia were closed for the Chinese New Year (year of the monkey). Stocks in Australia and India skidded 2.9% and 1.1%.  Compared to a month ago, the Shanghai Composite index has slumped […] More