Treasury Sell Off Causes Stock Market Selloff

May 27, 2009 at 12:18 pm  ·  Category: Bonds, Market Commentary


For some reason at about 1pm EST long term treasuries started selling off causing interest rates to surge and dragging the stock market down with it.

I missed my man Rick Santelli explaining why at the close but that’s what happened today…..

Posted by Greg Feirman  ·  Trackback URL  ·  Link