Wednesday's News Links

[Bloomberg] Stocks Extend Drop as Optimism `Hijacked' by Rates: Markets Wrap

[Bloomberg] Oil Steadies as Trump Unmoved by Macron Push for New Iran Deal

[Bloomberg] A $3 Trillion Credit Market Has Corporate Bond Investors on Edge

[Bloomberg] Two-Year U.S. Yields at 2008 Highs Are Scarier Than a 3% 10-Year

[Bloomberg] High-Yield Bond Sales Ramp Up Amid Concerns Over Volatility

[Bloomberg] As Most Crowded Trades Turn Sour, Fund Managers Brace for Pain

[Bloomberg] ‘High Water Mark’ Confusion Grabs Hold of Markets: Taking Stock

[Bloomberg] Why High-Flying U.S. Home Prices Are About to Get Another Jolt

[CNBC] Companies are complaining they can't find enough truck drivers to ship their stuff because of Amazon

[Bloomberg] China warns of more action after military drills near Taiwan

[Bloomberg] Turkey Surprises With Bigger Rate Hike to Bolster Lira

[WSJ] As ECB Contemplates Rate Move, Storm Clouds Gather Over Eurozone

[FT] US stocks hit by profit fears and rising bond yields

[FT] We must heed warnings from the 1970s bear market

[FT] N Korea summits fuel Beijing fears of losing sway over Pyongyang

Tuesday Evening Links

[Bloomberg] Stock Rout Worsens as Caterpillar Spooks Bulls: Markets Wrap

[Bloomberg] Crude Slumps as Macron Proposes Iran Deal in Washington Visit

[CNBC] Higher interest rates and rising costs are a bad brew for stocks

[Bloomberg] Global Markets Are Facing Major Milestones at Every Turn

[Bloomberg] The $7 Trillion Debt Pile Looming Large Over Chinese Households

[CNBC] Trade war with US could be the tipping point for China’s $14 trillion debt-ridden economy

[FT] Chinese banks under pressure from Beijing to boost capital

[FT] Bubble trouble and the dangers of more ‘Big Shorts’

[WSJ] Near-Junk Illinois to Sell More Bonds—Will Investors Buy In?

[WSJ] Donald Trump Warns of ‘Big Problems’ if Iran Reboots Nuclear Effort