Valuation trauma is refusing to end for S&P 500 in free fall - Moneycontrol

Treasury yields soared to levels last seen in 2008 as traders braced for the possibility that the Federal Reserve will raise interest rates by 75 basis points next month after executing the first half-point hike since 2000.

The stock market: buckling under the hottest inflation since 1981, battered by a historically aggressive bid to break it. Making matters worse is that bonds are beckoning as well. American equities p… [+4717 chars]

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