The Dollar Index (DXY) is in the green at 86.45, near a 52-week high, as the dollar seems to be gaining from the market riot.
The 10-year treasury has rallied and yields just 3.2%. Interestingly, the spread between inflation protected bonds (TIPS) and plain-vanilla ones is now just 1.93%, which shows timid inflation expectations. Gold is falling, down to $1,183.
Most importantly, it’s going to be hard for your boss to blame you for being in this ‘safe haven’. If you get killed in here, everyone will be.
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