Home Business Global Markets: Stocks spooked, oil sinks as bond markets scream recession Business Global Markets: Stocks spooked, oil sinks as bond markets scream recession By Genpie - August 15, 2019 143 0 Facebook Twitter Google+ Pinterest WhatsApp Asian stocks slid and oil prices extended a punishing sell-off on Thursday as investors feared an historic drop in long-term U.S. bond yields could prove a herald of recession globally.