Is Bond Sell-Off Sparked by Bearish Billionaires?

The yield on the 10-year Treasury is approaching highs not seen since mid-March as a recent sell-off in bonds continued Tuesday morning. At about 9 am ET yields on the benchmark bonds started rising from 2.119% to an intraday high of 2.198% by 10:15 a.m. The selling pressure doesn’t have an obvious cause. But David [...]