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Tag: bloodbath
Bond Bloodbath Deepens as 10-Year Yield Hits 2002 Highs and Hedge Fund Leverage Sparks Systemic Fear
The U.S. Treasury market is currently mired in a severe downturn, and the very sector stepping in to prop it up could ultimately deepen the unfolding crisis. Overnight, the 10-year Treasury yield surged to 5.33 percent, marking its highest level since 2002. Brien Lundin, publisher of the Gold Newsletter, aptly characterized the severe market drop…
