'Fast Money' traders talk stock and bond markets' reaction to renewed trade tensions

• Market sell-off across Dow, S&P 500, and Nasdaq, with the S&P 500 dipping below its 50-day moving average.
• Rising US 10-Year Treasury yields (4.295%) and Japanese Government Bond (JGB) yields, alongside a weakening ICE US Dollar Index (98.56).
• Discussion on the lack of panic in the VIX despite market declines, and the potential for companies to pull back on future plans due to uncertainty.

The 'Fast Money' traders discuss a broad market sell-off driven by renewed trade tensions, rising global bond yields, and a weakening dollar. Concerns are raised about the cumulative impact of tariffs and policy uncertainty on corporate plans and credit markets, with some comparing the situation to an 'emerging market trade'.