Markets Face Ongoing Rout as Rates Rise, Risks Pile Up

Stock market rout unlikely to end soon as investors face high rates, expensive valuations, geopolitical risks according to JPMorgan.

10-year Treasury yield surge to over 4.8% presents major challenge for stocks as investors have alternative to equities.

High rates lagging impact still to fully hit markets via consumer loan delinquencies, corporate bankruptcies.

Oil price surge of 30% in 3 months adds to risk asset woes.

Investor sentiment showing panic levels similar to 2008 crisis as bullishness fades.