The ASX 200 ended the day down on Tuesday by 1.28 per cent. According to Sky News Business Editor Ross Greenwood, the stock market fell heavily as global bond yields moved higher. The move suggests more rate rises are set to come in the months ahead. Economists predict this will slow economies around the world even faster. “There are also fresh forecasts that America will almost certainly fall into recession,” Mr Greenwood said.
According to Sky News Business Editor Ross Greenwood, the stock market fell heavily as global bond yields moved higher.Economists predict this will slow economies around the world even faster.
“There are also fresh forecasts that America will almost certainly fall into recession,” Mr Greenwood said.
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