Stock markets quake in fear as ‘the bondcano’ rumbles ominously

Stock markets quake in fear as ‘the bondcano’ rumbles ominously

Posted October 12, 2018 10:55:35 Photo: Ouch, that’s got to hurt: Wall Street slides 7 per cent from its recent peak late last month. (Reuters: Brendan McDermid) Perhaps the biggest question out of the current conniptions plaguing global equity markets is; why has it taken so long? The same forces …

Local share market sheds $50 billion in worst one-day fall since February ‘bondcano’

Local share market sheds $50 billion in worst one-day fall since February ‘bondcano’

Updated October 12, 2018 00:04:50 Photo: It’s the worst one-day fall since the market slumped 3.2 per cent during the “bondcano” in February this year. (AAP: Tracey Nearmy) Related Story: Wall Street plunges by 800 points in shock sell-off The overnight sell-off in global markets did not spare Australia, with …