Photo: Wikimedia COmmons
It doesn’t look as though there’s anything too remarkable happening this morning, but markets are decisively in the red.The Dow is off 120.
Other indices are off around 1%.
Amusingly, the data has been benign this morning: CPI is cool, and industrial production was solid. And Italian bond yields are actually down.
We’ll be covering here live in case things break hard in one direction or another.