I can't pretend to understand why or who, but there's a major sell-off in bonds right now in some coordinated effort. Maybe a foreign government, China? I don't know, but it's UGLY. I'll look into more, for now take a look at ZH chart
http://www.zerohedge.com/article/tyz-bloodbath-commencing-543
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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