Every US equity index is now in the red post-“great” jobs report on Thursday. Bond yields have plunged and stocks have caught down to that weakness. USDJPY appears the main culprit for now as chatter of JPY repatriation over Super-Typhoon concerns sends USDJPY back to 101.50 and below all key technical levels. Whocouldanode that stock exuberance last week was over-done? On a side note, it’s small caps that are getting slammed from yesterday’s opening… and it’s Tuesday!!
Stocks catch down to bond yields…
as every US equity market has now given up its Jobs gains…
Charts: Bloomberg
via Zero Hedge http://ift.tt/1xMebJ0 Tyler Durden