The rush to safe haven assets today was frightening to say the least.As I write this VIX went up by more than 50% while Yen is up more than 5% .10 year Treasuries have recovered from 3.29% yield to 3.41% yield beginning at 3.59% and the US markets have recovered from down 8% to down 3% . Don’t know why the stock markets recovered so quickly after falling equally quickly while the currency pairs show no signs of recovering.Is it a sign of Plunge Protection Team?<\/p>\n
Expect Asian markets to fall tomorrow as well. My earlier posts of Why the Markets were not falling due to Greece<\/a> and the Rush of Junk Market IPOs<\/a> seems to be coming somewhat true. While all the earlier falls have been buying opportunities this time “it might be different”<\/p>\n CNBC reports that P&G fell from $60 to $40 in a minute though it has recovered.With so many quants running the market its not very surprising.Automatic Trading has a large part to play this . But seemed that Someone with Huge Pockets\u00a0 came into the market when market fell 4% in a minute to buy<\/p>\n","protected":false},"excerpt":{"rendered":" The rush to safe haven assets today was frightening to say the least.As I write this VIX went up by more than 50% while Yen is [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[70],"tags":[1373,1803],"class_list":["post-25047","post","type-post","status-publish","format-standard","hentry","category-world-markets","tag-debt","tag-euro"],"_links":{"self":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/25047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/comments?post=25047"}],"version-history":[{"count":0,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/25047\/revisions"}],"wp:attachment":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media?parent=25047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/categories?post=25047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/tags?post=25047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}