Yen, Yields, Shares Trifecta Threatens Yellen Autopilot

by Ashraf Laidi

Feb 3, 2014 17:12

The trifecta of declines in bond yields, US equities and USDJPY (rising yen) following today's dismal US data is a rare but classic reflection that existing concerns of emerging markets contagion may be compounded by worries over slowing growth in the US.  An extension of this negative trifecta would deal a serious blow to the notion that Fed tapering remains on auto-pilot. More detailed charts & analysis 

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