Long-term US Treasury bonds have experienced their worst sell-off in nearly two years, according to recent market data. This decline occurred as stocks steadied, with the S&P 500 index ending a tumultuous period of losses that had surpassed 10% over the previous two trading sessions. Despite this downturn, the broader market has managed to stabilize, with the S&P 500 index registering a relatively small loss of 0.2%.
Source: https://www.barrons.com/articles/treasury-bonds-selloff-stocks-13c54464