Treasuries plummeted to end last week and continued a massive sell off in Monday trading.
Bond yields, at 2.83% this morning, continue to hover at new highs.
This chart (via John Brynjolfsson) puts it all in context, showing the 16-week per cent change in 10-Year yields over the last few years.
Remember, a surge in yields means a selloff in bonds. This selloff is unlike anything in ages.
2013: the year the long bull market in bonds ended.
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