Early Update – Yields Are Plunging & Growth Stocks Display Better Relative Performance

11:53 a.m. ET Just like Thursday’s ugly close saw follow-through selling Friday, Friday’s ugly close at session lows is seeing follow through selling this morning. There are some key differences though. Last week hawkish Fed-speak before the FOMC media blackout (now in effect) caused what appears to be institutional deleveraging as it sent yields soaring…