### POV, Pain for Risk-Parity knows no......>

US TSYS: ### POV, Pain for Risk-Parity knows no bounds. 

- Risk- and Risk-off assets very unsettled: Treasury yields actually higher

(well off highs, however) even as equities continue to collapse n late trade:

SPX -100.0 at 2788.25.

- The "whole buy treasuries and spy and risk parity saves the day seems to be

having a really bad week," one dealer desk said. May have to extend that for the

month when all said and done.

- Add another pain trade: West Texas crude (WTI) hammered in late trade (72.76,

-2.20) despite appr 42% of gulf oil output knocked out due to Hurricane Michael

-- upgraded to category 4 as it made landfall on Florida panhandle.

- Other late items: short vol? Not looking so good either with VIX climbing over

6.86 in late trade to 22.81.

- Treasury futures finally rebounding in late trade as equities crater. Hang in

there, everyone.