Yields spiked by the most since Nov 2016 (the day of and following President Trump’s election).
NOTE – After 1430ET, bond were suddenly bid (and stocks sold off).
30Y yields spiked to the highest since Sept 2014…
10Y yields spiked to the highest since June 2011…
5Y yields spiked to the highest since Oct 2008…
The yield curve steepened dramatically…
All of which is fascinating given that Treasury Futures net speculative positioning is already at record shorts…
The entire global developed sovereign bond market saw yields surge…
…observations and serious concerns from a trader.
JGB Market Enters “Uncharted Territory” As Bond Rout Goes Global
“Monster Move” In Treasuries Unleashes Global Market Rout
Easy Money Martin 