Leta i den här bloggen


The forced sellers are investors in the $7 trillion mortgage-backed bond market

There comes a point in any big selloff in Treasury bonds when the move becomes so pronounced that it starts to feed on itself.

Increases in yields force a crucial group of investors to sell Treasuries, which in turn leads to further increases in yields.

Two months into this rout, that moment appears to have arrived,


Inga kommentarer: