People are selling bonds, so yields are rising. This is bad for stocks, so people are selling those too. Last but not least gold becomes less attractive when bond yields are rising, so there’s downward pressure here as well.
The question is: Which asset class is all the money flowing into?
And just in case your answer to the above question is cash, here’s another one: If people are selling bonds because they think they aren’t safe anymore, wouldn’t it be wise to put the money into hard assets (e.g. stocks and gold) instead of cash?