Look what’s happening to Treasuries: Most Oversold in 43 Years

Posted by Mike Larsen - Money and Markets

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I hate bonds as much as the next guy. I’ve been telling investors to stay the heck away from them for a long time. But man, this selloff in the government debt market is getting nuts. Treasuries are now the most oversold they’ve been in the 43-year history of a benchmark bond index tracked by Bloomberg, according to this story. Makes you wonder if a reversal isn’t coming, and soon. Check out the chart below …


….related from Larry Edelson: Biggest loss in 26 years …