Manic-Selling Becomes Panic-Buying In Global Bond, Stock Markets

Overnight “manic-selling” in global bond markets (and turmoil in stock markets) has been met – suddenly – this morning by “panic-buying” as mysteriously liquid buyers lift stocks back into the green and send bond yields plunging (right after Euronext breaks)…Europe…And US…As Bloomberg adds,

“At some point the stress on stocks, risk assets, from either earnings fears or higher rates surely has […]