Global Markets Tumble as Investors Bail on Risk
By daveyreno on World & Business from www.cnbc.com
Global markets slumped on Tuesday in a sell-off that encompassed nearly every major asset class, after the Japanese central bank failed to address recent volatility and investors worried about the end of central bank liquidity. Emerging market currencies were sharply weaker against the greenback, while shares, bond yields and gold all fell.
