TheBlock
2020-03-09 11:19:15

The weekend bloodbath

Quick TakeOil prices crashed by as much as 34% to hit a 4-year low (largest drop since 1991)10-year US Treasury yield fell to below 0.5% to hit an all-time low – the entire yield curve is now under 1%S&P 500 futures fell by 5% triggering the limit down rule to prevent the price from falling furtherGlobal equity indices have seen a drop of 3-7%, which can also be expected for S&P 500 at openBitcoin underperformed equities while the only asset that held its value over the weekend was gold

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