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

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…

Bonds are also getting hammered…

Gold is trading lower…

And Crypto is taking a hit…

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.

Tyler Durden
Mon, 11/15/2021 – 10:16

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