Fed Taper Worries Cause Market Slump

Markets are turning lower today as investors flee for cover under US Treasuries and the dollar, as fear of the Fed initiating tapering stimulus this year has started to elevate, all of which is seemingly coming regardless of the delta variant and its affect on global.

A sell off in commodities has deepened with iron ore plunging more than 10% and oil headed for its longest negative trend since the beginning of the pandemic. Elsewhere in markets, the 10-year Treasury yield has dropped four basis points and the dollar is moving higher toward a nine month high.

Tune in to hear what's moving Thursday's market and where to trade to end up in green.