Market Chaos: Treasury Yields Jump While Everyone Questions Everything

Hold onto your Bloomberg terminals folks - the financial world is having what appears to be an existential crisis, complete with skyrocketing yields and central bankers scratching their heads in confusion.

Treasury Markets Gone Wild

The U.S. Treasury market just pulled off its best impression of a roller coaster, with the 10-year yield jumping a whopping 50 basis points in a single week. Normally, when things get scary, investors rush to bonds like free coffee at a trading desk. But apparently, that memo got lost in the mail this time around. Meanwhile, the U.S. debt clock ticks merrily awa...