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Is the Current Sell-Off a Blip—or the Start of a Downtrend?

Annie Gilroy
Is the Current Sell-Off a Blip—or the Start of a Downtrend?

As we’ve learned, stocks saw a sell-off in February after stronger-than-expected wage growth data. If today’s wage growth comes in on the upside, the markets could again go into panic mode. In a tweet, Bill Gross, the “bond king” and manager of Janus Henderson Global Unconstrained Bond Fund, mentioned the pricing out of European and Japanese buyers of Treasuries (BND) as the main reason for the bond sell-off.