Financial Times:US Treasuries hit by biggest sell-off in two years
US Treasuries suffered their biggest two-day sell-off since the collapse of Lehman Brothers, following a torrid month that has seen borrowing costs for western governments soar.
Germany, Japan and the US have all seen their benchmark market interest rates rise by more than a quarter in the past month while the UK’s has risen by nearly a fifth.
Continue reading at link...
Or is it something bigger? Another Lehman type crash?