30Y Treasury Yield Tumbles To 7-Month Lows As Nasdaq Loses 4,000 – 3 February 2014

ZeroHedgeSubmitted by Tyler Durden on 02/03/2014 13:38 -0500

US equities are pressing fresh lows of the day as USDJPY tests 101. The Nasdaq just broke 4,000 – its worst drop in 8 months; The Dow trading back under its 200DMA; and now every major index is in negative territory from the December Taper. Most notably though, Treasury yields are tumbling as weak data and safe-haven flows have pressed 30-year yields to their lowest sicen July 5th 2013. VIX is trading 20.7% – its highest in 4 months.

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