Remembering the 2014 Flash Crash in Treasuries
October 18, 2019 at 10:46 AM EDT
The majority of benchmark Treasury yields nowadays may have fallen to lows, but it didn’t happen as fast as it did on October 15, 2014. That’s when the benchmark 10-year note fell from 2.2% to 1.86% in just minutes. What exactly happened? Five years later, regulators are still scratching their...