Your Treasuries Are Getting Routed After Today's ISM

Treasury yields just went vertical, after the latest August ISM blew away expectations. They’re already breaking above 2.60%. That’s all it takes. One ISM. What happens if the ISM delivers a similar figure for September? Then October?

Chart

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.