Afternoon Report | ASX tumbles 2pc as bond yields surge

This is the Fear & Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.

1. ASX tumbles 2pc as bond yields surge

2. M&A burst

3. Governments tip another $200m into Rio smelter

4. Anika Wells makes Time list

5. Australians caught up in terrifying FlyDubai flight

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