- The Treasury bond market sell-off marks one of the worst crashes in history.
- High yields are hitting stocks, but other assets across financial markets are also reeling.
- Commodities, crypto, housing and foreign currencies have been slumping too.
Traders have been dropping long-duration US bonds in one of the worst collapses in market history, sending yields soaring towards levels not seen in decades.
As growing yields have made bonds increasingly more attractive to investors, both the benchmark S&P 500 and Nasdaq have dropped around 7% since the end of July.
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