Here's Why Stocks Tumbled During Powell's News Conference

“Scott Minerd, Guggenheim’s global chief investment officer, and Jeffrey Rosenberg, Blackrock’s chief fixed-income strategist, discuss the selloff in U.S. stocks during Federal Reserve Chairman Jerome Powell’s news conference on the Fed’s decision to raise rates. They speak with Bloomberg’s Tom Keene and Scarlet Fu on ‘Bloomberg Markets.'”

For more trends in fixed income, visit the Fixed Income Channel.