- Friday's blowout jobs number seems like a long time ago as the 10-year Treasury yield slides another five basis points, leaving it at 2.21% - lower now than it stood ahead of the payroll report.
- Investors are instead focused on shaky asset markets - first crude oil (lower on the session after a meek attempt at a bounce overnight), and now stock markets, particularly plunges in Greece and Shanghai today.
- "If one is serious about investing," says Joe Brusuelas, "you want to look at this chart ... because the Fed is." The graph shows the continuing steep decline in inflation expectations, now matching the low levels last seen in 2010 and 2011.
- TLT +0.9%, TBT -1.8%
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