Everything Selloff Snowballs While Traders Adjust to Fed’s Reality
- Major ETFs tracking stocks, bonds, commodities drop this week
- Fed said that it sees borrowing costs staying high for longer
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There’s been no place to hide from the rout in financial markets this week.
Five major exchange-traded funds that track either stocks, bonds or commodities are poised for their first week of tandem losses in a month. Each is down at least 0.8% over four trading sessions, and their synchronized drop puts them on course for the third worst since October.