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)

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Bonds are also getting hammered...

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 Gold is trading lower... (GLD)

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And Crypto is taking a hit...

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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.