UPDATE: Stocks leaking back now
TSYs are 5-10bps lower in yield (aside from 30Y), ES (and credit) rallying but underperforming on a beta basis to TSY/EUR, EUR stronger 1.3050 now (USD weaker), and precious metals jumping.
Treasury yields tumble (and curve steepens)
Silver on a tear but gold still underperforming USD weakness for now. Copper not excited for now.
EURUSD back at 1.3050 highs of week
Gold specifically today is ripping...above $1685 now
HYG remains underperformer (leading) as ES jumps to meet credit indices. All pulling back now from reaching unchanged in ES.
Financials are lagging and Utilities leading post FOMC
Charts: Bloomberg