A.M. Update

The global sell off that began late last week on fears about US economic growth has continued. S&P futures are down -4.2%, NASDAQ-100 down -5.55%. Treasury yields are sliding.  The 10-yr yield is down 9 basis points to 3.70% and the 2-yr yield is down 14 basis points to 3.73%. Japan’s Nikkei (-13.5%) plunged to…