Big moves (i, ii, iii, iv) in a number of markets just after Bernanke's testimony was released this morning may have been spurred by an unusually large sell order hitting the Treasury market which then caused algorithms from precious metals, to currencies, to stocks to fly into action, sending all the markets reeling. It may have been a fat-finger, but one trader suspects it was "a very big asset allocation."
Big moves (i, ii, iii, iv) in a number of markets just after Bernanke's testimony was released...
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