Daily Market Wrap – Tue 27 Jun, 2017

By Cory The sell off today in US equities and bonds globally

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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Source:: The Korelin Economics Report

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