Stocks, Bond Yields Puke, Oil Explodes Higher After NATO ‘Emergency Meeting’ Headlines

Global stocks and bond yields were already getting hammered but reports that NATO foreign ministers will hold emergency meeting over Ukraine on Friday sparked another leg lower…

US Equities have erased yesterday’s late-day ramp-fest…

And Treasury yields are collapsing…

As are most of Europe’s sovereign yields.

And all of this as oil explodes higher, with WTI topping $105…

This will not end well…