Stocks Sink With Bonds, Dollar Rallies as Complacency Broken

Updated on
  • Rosengren hawkish comments send yields higher with dollar
  • S&P 500 heads for biggest retreat since June in broad selloff

U.S. Stocks Slide: Is This the Next Taper Tantrum?

Tranquility that has enveloped global markets for more than two months was upended as central banks start to question the benefits of further monetary easing, sending government debt, stocks and emerging-market assets to the biggest declines since June. The dollar jumped.

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