After 3 days of carnage in US Treasuries, pushing longer-dated bond yields notably above US equity dividend yield - and following both Citi and Goldman reports that Trumponomics may be less inflationary than expected (and the yield surge is tightening financial conditions) drastically, longer-dated bond yields are dropping notably in the early Asia session. 10Y yields are down 8bps - the most since June as 30Y drops back below 3.00%.
http://www.zerohedge.com/news/2016-11-14/bond-bloodbath-becomes-buying-panic-treasury-yields-tumble-most-june
* Goldman * * * As we detailed earlier * * * *