Hartnett Explains Why Greenland Is So Important: "The Race For The Arctic Is The Great Game Of The Next 10 Years"

It was an ugly day for stocks (which had their worst day since mid-December), and an ugly week for the S&P (the worst since mid-November), and according to Goldman the rout in bonds which saw the 10Y surge by more than 60bps+ in one month thereby triggering a derisking VaR shock...

... will only make it even uglier for risk assets in the coming days.