Aug. 18 at 9:49 AM
$MRAM Dman, looks like a 10% down day today the way pre-market is behaving.
BLOOMBERG: Stocks Fall as Bond Selloff Saps Risk Appetite: Markets Wrap
Stocks fell as long-dated bond yields pushed further into multidecade highs and oil prices extended their climb, draining traders’ appetite for risky assets.
The S&P 500 headed for a third straight day of losses as index futures retreated 0.5%. Yields on 30-year government bonds continued to climb across the world, with those on Treasuries up one basis point to 5.32%, the highest since 2007. US crude topped
$85 a barrel as tensions in the Middle East showed no sign of easing. The dollar was little changed while gold declined.
