Stocks accelerate losses as risk aversion grips markets ...Middle East

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Stocks accelerate losses as risk aversion grips markets
The broader market mood is quickly shifting now in European morning trade as there is a whiff of risk-off sentiment in the air. Equities are selling off while bonds are being bid as yields stumble lower. 10-year Treasury yields are now down 6 bps to 4.35% with 10-year German bund yields down 8 bps to 2.28%, poised for its biggest daily drop since June.S&P 500 futures are now down 0.6% with the DAX and CAC 40 also both down by over 1%.In FX, the clearest hint is there being bids in both the Japanese yen and Swiss franc. Of note, EUR/CHF is now down 0.5% to 0.9315 and closing in on a test of key support near 0.9300 again.In terms of headlines, it looks a lot to do with Russia and Ukraine. Here

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