Could this post-Fed bond selloff be a repeat of ‘taper tantrum’?
May 18, 2016 at 17:04 PM EDT
A spike in Treasury yields Wednesday, which posted their largest daily jump in five months after the Federal Reserve said it is open to hiking interest rates in June, fueled fears of a repeat of the 2013 “taper tantrum,” during which yields skyrocketed in a mere four months as government bonds got hammered.