‘So much winning’ amid black Monday bloodbath – in 9 charts
The post ‘So much winning’ amid black Monday bloodbath – in 9 charts appeared on BitcoinEthereumNews.com.
Markets plunged steeply on April 7, in what analysts dubbed a reincarnation of 1967’s “Black Monday” for global assets, with US equities leading the sell-off and cross-asset volatility rattling investors. Yet even as yields dropped and spreads clocked crisis-era levels, President Donald Trump is “all positive,” beginning the month with a statement that shows he’s not worried. “We will never stop fighting to put more money back in the pockets of our overburdened taxpayers,” Trump said in a statement. The president pledged to end what he described as waste and abuse in Washington by reviving “the American Dream.” But as it stands, markets paint a bleaker picture. Treasury yields post deepest weekly drop since 2023 The US 10-year Treasury yield fell by 25.5 basis points last week, marking the largest weekly decline since mid-2023. US Treasury Yield 2000-2025 Chart. Source: Deutsche Bank According to a Deutsche Bank analysis, such a drop, while not unprecedented, signals a rapid flight to safety. The only more severe declines in recent years occurred during major market panics, including the initial COVID shock and the collapse of regional banks in 2023. High-yield spreads clock crisis-era extremes US high-yield bond spreads widened by a staggering 93 basis points over just two trading sessions on Thursday and Friday. That movement level has only been rivaled during some of the most severe financial episodes of the 21st century. Two-day HY spreads enter major crisis zone. Source: Bloomberg These include the post-9/11 reopening of markets in 2001, the height of the Global Financial Crisis (GFC) in 2008, the US debt ceiling downgrade in 2011, and the March 2020 COVID crash. There’s notably a steep repricing of credit risk across corporate America as investors demand higher premiums to hold speculative-grade debt. Equities lead Black Monday’s cross-asset carnage A chart compiled…
Filed under: News - @ April 7, 2025 2:26 pm