Early Update – Flight To Safety and Deleveraging Ahead of Weekend Uncertainty

11:25 a.m. ET Stocks are being sold  ahead of the weekend when participants would not be able to react in real-time with the markets are closed for trading. Treasuries are seeing a flight to safety trade as well. After the 10-yr note yield hit 5.0% earlier, it’s down -8bp to 5.90% and the 2-yr yield…