First, the corporate bond fund etfs, HYG (Junk) and LQD (inv grade), were down huge. But our fixed income analyst went through the bloomberg for an hour and found no signs of weakness in those markets. Basically, corporate debt traded higher in most instances. I have no idea even where to begin to explain this. If you look at the HYG and LQD charts, today looks like a bond panic...and yet a fixed income analyst could find no signs of it in the individual issues? No signs at all. Very weird. Second, VXX rallied close to 5% while the VIX was up about 10.5%. I know VXX tracks the front 2 months of Vix futures, but I have a tought time believing that there was that much of a disparaty today between spot and futures. I could be wrong about this. I need to check the data at the office tomorrow because I'm home now and don't have the contracts here. But it seems like this etf has some explaining to do. I think the first of these mysteries is more...mysterious. But both are troubling.