Big drops in miners and energy stocks pull shares lower,
while 10-year bond yields surge to 15-month highs as traders get ready
for higher US rates.
- Bonds continue to sell off, with Aussie 10-year yields hitting their highest since late 2015
- Iron ore futures fall to one-month low, as BHP warns fading stimulus means 'much lower iron ore prices'
- China's producer prices surge at fastest pace since 2008, further lifting the outlook for global reflation
- Gold drops to its lowest since early February, but surprisingly local gold stocks get a respite
- Oil slumps most in more than a year as OPEC production cuts aren't enough to reduce US supplies
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