Risk Off!

Traditional in the sense that all SPX sectors down on day

Reason laGarde and powell offered nothing new for the Stimulus starved markets,Comments from NY mayor deBlasio about possibility of Shutting schools down once again ,Trump punting saying all stimulus negotiations go through Congress, he is clapping out. McConnell chips in saying no need for big stimulus you know the drill. Not much good news today

Good 30 year auction along with weak CPI data is all you need for lower yields ,no surprise small bid in long end. Nat Gas down 2% and Corn -2.4% areas of action

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