Tech Rout Fueled by Bond-Market Turn

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Underpinning a wide selloff in stocks last week: not just rising yields on ordinary U.S. government bonds but also those on inflation-protected Treasurys

, extending early-year losses that have taken many off guard with their speed and severity. Once again, tech shares were at the forefront. Selling also broadened to include sectors such as banking and energy, sending the S&P 500 to its worst stretch of declines since the onset of.

, extending early-year losses that have taken many off guard with their speed and severity. Once again, tech shares were at the forefront. Selling also broadened to include sectors such as banking and energy, sending the S&P 500 to its worst stretch of declines since the onset of
 

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And the entity that has the most to lose is guess who? Our own incompetent corrupt govt. wanna try rolling over $30,000,000,000,000 of debt at rates that are twice as much when initially issued? Budget gone!

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