Bond Rout Continues: Bunds Rise Above 1%; 30Y "Golden Crossed"; Kuroda Sends Yen Soaring

The German bond move continues to reverberate in the US, where the 30 Year bond just experienced a yield "Golden Cross" after the 50-DMA touched 2.826%, exceeding the 200-DMA at 2.824%, for the first time since March 2014.