U.S. markets had a rough start to the week as fears over debt loads in Europe sent many investors running for safe havens. Losses were pretty much across the board in American equity markets as financials did the worst while health care came out relatively unscathed. Internationally, Asia started the day on a down note as the Hang Seng and the S&P ASX both finished the day lower by about 1.5% while Europe outdid their Asian counterparts as the French and German indexes both fell by over 2.3% while the Italian benchmark plunged by close to 4% on worries over that country’s debt. As a result of this international turmoil, many investors fled to safe havens such as the U.S. dollar and Treasury bonds, helping to send yields much lower on the day for most maturity levels of American debt. Unsurprisingly, this led to a risk off trade in commodities, … See the full story here →