Risk/Credit Basket

 Commodities are holding up a little better then equities today.

 The sell off in Yields was pretty extreme, as I have been saying, the market gravitates toward yields and now they are nearly tick for tick, except on a longer time frame, then there's still a lot of equity downside to catch up.

 The Euro is slightly stronger then the S&P

Look at this move up in High Yield Corporate bonds, it appears I wasn't the only one looking for a bounce in the Euro/market today.

Let's see if this latest divergence gets us anywhere. There was so little open interest this month that they may be trying to create some profits where very few existed prior to today.