“Super Puke”: US Stocks Crash As Credit Markets & Yields Collapse

• “Super Puke” – US Stocks Crash As Credit Markets & Yields Collapse
  by Tyler Durden, https://www.zerohedge.com/
  So much for the ‘Biden Bounce’. Watching the markets today  – as The Dow plunged 1000 points, Treasury yields collapsed to record lows, credit markets imploded, and demands for more Fed intervention exploded – has one veteran trader remarking, “this is becoming a super-puke.”
  –
  It seems the stock market is ‘stuffed’ with Fed intervention and ‘just one waffer-thin mint’ more may spark the total destruction of markets. The market is in panic mode – demanding over 50bps more rate-cuts in March as stocks collapse…
  –
  Credit spreads are exploding wider (decompressing 9 of the last 11 days – the biggest blowout since June 2013) – now at their widest since 2016…
  –
  read more.

end