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Bonds & Crude Dump, The Dollar & Stocks Jump As Top Houthi Leaders Reportedly Killed

After overnight strength in oil (post-Yemen) and bonds and gold (and weakness in stocks), the last few minutes have seen some of this reverse as chatter crosses the wire of the death of top Houthi leadership in Yemen. Oil prices are tumbling, the dollar is surging, and bond yields are spiking. Stocks are starting to creep off the lows...

 

Arabiya reports that top Houthi leadership Abdulkhaliq al-Houthi, Yousuf al-Madani, and Yousuf al-Fishi were killed http://t.co/9APWCPmf5T

— zerohedge (@zerohedge)

                                              

 

Crude fading Yemen bounce...

 

Stock futures are bouncing

 

 

Bond yields and dollar jump

 

How long will this bounce last?