The collapse in Treasury bonds now ranks among the worst market crashes in history

Since March 2020, Treasury bonds with maturities have plummeted 46%. That’s just below the losses seen in the stock market when the dot-com bubble burst. The 30-year bond fared worse, plunging 53%.

The bond rout is over twice as bad as the one seen in 1981, when the 10-year yield was near 16%.

Traders have continued selling amid concerns of rebounding inflation, and a large load of Treasury issuance has also pressured bond prices.

Read more at Business Insider.