Biggest Bond Rout in Years Whiplashes Bulls Who Were Right
A statue of Albert Gallatin, former U.S. Treasury secretary, stands outside the U.S. Treasury building in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Biggest Bond Rout in Years Whiplashes Bulls Who Were Right

(Bloomberg) -- After August’s historic drop, it was starting to seem like Treasury yields could only fall. And then came Thursday, when an enormous surge reminded even well-entrenched bulls that th...
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