Breaking Bad: Equities Blasted, Crude Oil Breaks Below $40, US Treasury 10Y Yield Breaks Below 2 Percent

Everyone seems focused on international equity markets. And here is why!

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The Shanghai composite index is down 8.5%.

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But lost in the equity headlines is that 1) crude oil futures are down below $40 and 2) the 10 year US Treasury yield have broken through 2%.

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Yes, it is the “Walter White” financial market.

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