Bonds, Stocks, Bitcoin & Bullion Tumble As Rate-Hike Odds Rise

Overnight gains in US equities have rapidly evaporated as the cash market opened, with Small Caps and Nasdaq leading the drop...(IJR, QQQ)

(Click on image to enlarge)

Bonds are also getting hammered...

(Click on image to enlarge)

 Gold is trading lower... (GLD)

(Click on image to enlarge)

And Crypto is taking a hit...

(Click on image to enlarge)

And all of this is happening as the STIR market shifts increasingly hawkish.

 It is clear that Powell's "dovish" taper talk has utterly failed.

Disclaimer: Copyright ©2009-2021 Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.