Treasury Bond Losses Near Dot-Com Levels as Aggressive Fed Tightening Sparks Massive Bond Rout

Since March 2020, losses on 10+ year Treasury bonds have reached 46%, nearing stock market losses in dot-com crash.

The bond rout is worse than 1981 when 10-year yield hit 16% under Volcker.

Today's losses are over twice as big as 1981 despite lower interest rates.

Aggressive Fed tightening has caused a similar bond sell-off to 1981.

Investors see 10-year Treasury yield hitting 5% as inflation concerns persist.