Market crash could follow bond yield spike
Investor fear over US debt has caused a bond market rout, pushing up yields. A sell off spread to equities, and investors turned to 'safer' assets such as gold and Bitcoin (which hit a record). It's worth noting wheat also rallied, says moomoo Australia market strategist Jessica Amir. Securities mentioned include GrainCorp, Inghams Group, Rigetti Computing, iShares Bitcoin Trust ETF
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