Wall Street tumbled overnight as surging US bond yields, stronger economic data and renewed inflation concerns weighed on investors. Oil also climbed back above US$100 a barrel after Iran’s President vowed not to surrender to US pressure, while the ASX is poised for a sharp fall at the open. Plus, why government bonds aren’t always the risk-free assets they’re often considered to be.

Join James Gruber, Equity Market Strategist and James Tao, Equity Market Commentator at CommSec, as they take you through all the key numbers.

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