Historic Fixed Income Sell-Off, Fed Wanting To Crush Stock Market

<p>"The bond market sell-off this year is historic. This is like 1932 for fixed income. The stock market might be indicating a bond bust as financial stocks are trading lower," says Jim Bianco. Does the market desire for the Fed to be hawkish? Can the labor market handle interest rate hikes? Additionally, what does the 10 year yield curve tell investors? Oliver Renick and Jim Bianco continue their discussion around cryptocurrencies like Bitcoin and Ethereum.</p>