Financial markets are continuing in the path they've taken the past few days with US yields and the dollar still climbing, equities suffering and emerging markets looking like they're heading for trouble.

• US yields blast yet higher, as does the dollar
• Yield spike is bad news for indebted emerging markets
• Turkish lira is especially exposed to systemic risk
• Equities selling off as USD still strengthens and US 10-yr yields hits 3.06%
• It looks like German economy is slowing moderately
• US 10-yr yield hit 3.09% y'day, was very close to 3.10%
• US 30-yr to 2-yr widened up a little but we're nowhere near a steeper curve
• European sovereign debt falls as data points to economic slowdown