Bond Bloodbath Blows Up Stocks As Redditors-Revenge Hammers Hedgies (Again)
- Bond Bloodbath Blows Up Stocks As Redditors-Revenge Hammers Hedgies (Again)
by Tyler Durden, https://www.zerohedge.com/
Bonds and stocks were both battered today…
Today was the worst day for equity/bond investors since March 2020…
Investors puked bonds today as several critical levels were breached…
“This is analogous to a flash crash in Treasuries,” said Arthur Hogan, chief market strategist at National Securities Corp. “We’re finally seeing yields react to what’s likely to be better economic activity.”
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