A dead cat bounce? It's too early to say anything when we're just settling down after an extremely volatile period in markets. Bid-ask spreads are still adjusting and sentiment is still very much in a fragile state. But for now at least, there is some minor relief after the turbulence since Friday.Nikkei +9.4%S&P 500 futures +1.4%Nasdaq futures +1.9%Dow futures +0.9%US 10-year yields +5.6 bps to 3.839%USD/JPY +0.8% to 145.27USD/CHF +0.3% to 0.8551Even the close yesterday was not as bad as one would think after all the fear and exaggeration at the start of the day. The Nasdaq closed down by 3.4% but it still ended closer to the highs than the lows traded during the session.That said, the woun
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