Coming Soon: Devastating Yield Eruption In Treasury Market

The Treasury yield eruption so many have feared looks likely to come soon. The concern is that other markets aren’t prepared for the sort of sustained and substantial sell-off in Treasuries that hasn’t been since for decades.

Much of the latest move that sent 10s above 3% has been seen as driven by technicals after being initially triggered by a jump in European yields.

 

https://www.zerohedge.com/news/2018-05-17/trader-devastating-treasury-yield-eruption-so-many-have-feared-looks-likely-come