Why is VIX still up more than 50%,Yen up 5% against Dollar While US markets have recovered after falling 8%

The rush to safe haven assets today was frightening to say the least.As I write this VIX went up by more than 50% while Yen is up more than 5% .10 year Treasuries have recovered from 3.29% yield to 3.41% yield beginning at 3.59% and the US markets have recovered from down 8% to down 3% . Don’t know why the stock markets recovered so quickly after falling equally quickly while the currency pairs show no signs of recovering.Is it a sign of Plunge Protection Team?

Expect Asian markets to fall tomorrow as well. My earlier posts of Why the Markets were not falling due to Greece and the Rush of Junk Market IPOs seems to be coming somewhat true. While all the earlier falls have been buying opportunities this time “it might be different”

CNBC reports that P&G fell from $60 to $40 in a minute though it has recovered.With so many quants running the market its not very surprising.Automatic Trading has a large part to play this . But seemed that Someone with Huge Pockets  came into the market when market fell 4% in a minute to buy