Fed has lost control of bond mkts – & Europe is victim. Wild moves in $21tn US Treasury mkt have

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Fed has lost control of bond mkts - & Europe is victim. Wild moves in $21tn US Treasury mkt have become disorderly. Shockwaves pulsating through fin system. Spillover smashed even into vast Japanese bond mkt, where 10y ylds blew through yld control regime.
h/t Holger Zschaepitz

Fed has lost control of bond mkts - & Europe is victim. Wild moves in $21tn US Treasury mkt have

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