FIRST AIRED: February 8, 2018

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Transcript

00:00:02
>> Another whipsaw day on Wall Street. Stocks tumbled to Thursday, with the Dow falling to more than 600 points mid-session, as higher borrowing costs once again sent a shiver through the markets. The Bank of England setting of the latest sell-off after warning interest rates may have to go up sooner rather than later.
00:00:20
It's the latest central bank to signal the period of easy money put in place after the financial crisis is indeed coming to a close. Interest rates on the key US Treasury ten-year note revisiting four-year highs as some traders bet inflation is heating up. Higher wages and higher borrowing costs could both eat into corporate profits down the line.
00:00:42
As the financial landscape shifts, investors have been spending the better part of a week trying to figure out the right value for stocks. The guessing game sparking a period of volatility not seen in two and a half years.