Bloomberg News: Long Bonds' Historic 46% Meltdown Rivals Burst of Dot-Com Bubble
Article by Ye Xie in Bloomberg News
Losses on longer-dated Treasuries are beginning to rival some of the most notorious market meltdowns in US history.
Bonds maturing in 10 years or more have slumped 46% since peaking in March 2020, according to data compiled by Bloomberg. That’s just shy of the 49% plunge in US stocks in the aftermath of the dot-com bust at the turn of the century.
The rout in 30-year bonds has been even worse, tumbling 53%, nearing the 57% slump in equities during the ......