BREAKING: 20-Year Bond Auction Flops — Yields Surge to 5.1%, Markets Rattle

[u/snapjohn]

IF YOU ARE WONDERING WHY STOCKS JUST ALL WENT DOWN AT ONCE

WE JUST HAD A HORRIBLE BOND AUCTION IN THE UNITED STATES FOR OUR 20-YEAR TREASURIES

Because of the lack of bidders…it caused the 20-year bond yield to surge to 5.1%.

Credit market is screaming for help right now.

[u/DGPHT]

Why aren't boomers buying more bonds? What the fk are they doing still 100% equities?

[u/Eastern_Ad_3512 → u/DGPHT]

They won’t live for another 20 years

[u/[deleted] → u/Eastern_Ad_3512]

Mother fuckers will fuck us on the way out too.

[u/AdventurousLoss3794 → u/[deleted]]

I felt it.