NEW YORK (Reuters) – Wall Street stocks ended sharply lower on Tuesday in a broad sell-off driven by rising U.S. Treasury yields, deepening concerns over persistent inflation, and contentious debt ceiling negotiations in Washington. All three major U.S. stock indexes slid nearly 2% or more, with interest rate sensitive tech and tech-adjacent stocks weighing heaviest as investors lost their risk appetite. The S&P 500 index and the Nasdaq Composite index were on track for their largest monthly declines since September 2020. “The big picture is the sudden surge in the past week of yields, which has led to a ‘sell first, ask questions later’ mentality,” Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina. Factors weighing on sentiment today,” Detrick added. “The back-and-forth in Washington with the debt ceiling and the spending bill and potential higher taxes have weighed on overall investor psyche and has led to a pretty good sized sell-off.” The benchmark index was also setting a course for its weakest quarterly performance since the COVID pandemic brought the global economy to its knees. Weakness pervaded across most asset classes, including gold, suggesting widespread risk-off sentiment. NN: I want you understand two things. Its over, we have the greatest bubbles EVER. And we are about to see the biggest crash ever in stocks, bonds and real estate. The powers that run the show know this. Not to be confused with the talking heads you see om public media. But the real power brokers. All they are doing is buying time and positioning themselves to survive the coming chaos. The global plague threw them a curve ball they were not expecting. Remember China wants to be a player to and is a competitor. They are AllĀ afraid of one things. The masses rising up in open rebellion… that’s why they got to keep them SCARED and sleeping…. And blaming the plague for what is coming is in their play book. That is why they are fesding the antivaccers full of shit… These folks insure the plague stays among us and keeps mutating.