The US market sell off was lead by the tech sector with all the major averages closing at their lows. A sell off also happened in the bond markets globally. The German bund, Italian, French and Spain yields were up. Also the US 10 year is just below 2.2%. The question is will the sell offs in bonds be the start of a more significant sell off all thanks to the central banks talking up a tighter monetary policy. Right now it is all talk but if the largest player (central banks) exits a market people need to take note.
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