Some British funds, like Henderson Global and Canada Life, have stopped investors from withdrawing their money. This is one possible factor that could have prevented the markets in Europe, which are correlated with the US for the past few weeks, from continuing their slide. The Dow and Nasdaq were slightly up, 0.44% and 0.75% respectively.
Because 10 Year T-Note yields have fallen quite precipitously due to an influx of money from a flight to safety, yields increased today by 1.32% caused by a decreased demand. However, Japanese bonds have been seeing increased demand, leading to a yield drop into negative territory for even their 20 Year bond, which stands at -0.005%. This move has been caused by investors who believe the yen is the safest currency, according to the WSJ, leading to a flight to yen-denominated securities. This has also negatively influenced T-Note prices (and positively affected yields).
Risky sectors like biotechnology, though still domestic, caused the stock markets to rally today. Biotech was up by 2.3% (Nasdaq Biotech Index), while health care also gained 1.2%. According to the WSJ, this in turn was caused by renewed confidence in the US economy due to positive service sector activity for June.