Bonds, Stocks Slammed As Risk-Parity-Deleveraging Strikes

www.zerohedge.com

Where's Vladimir Putin when we need him? Having saved the world yesterday by spiking crude oil with his comments, the return of bond traders today sees a resumption of risk-parity fund deleveraging (as bond-stock correlations neared record highs).

Something had to give...

Stocks and bonds are getting slammed... 

As Risk-Parity funds delever

And oil is not helping...