The collapse in Treasury bonds now ranks among the worst market crashes in history } Bloomberg via Business Insider

BUSINESS INSIDER 59m

US stocks trade lower as investors look ahead to Friday jobs data

Friday's jobs report is expected to show a 170,000 increase in payrolls for the month of September, according to economists polled by Dow Jones.

BUSINESS INSIDER 2h

Investors are having a 'panic attack' about the bond market

"Coming out of the last FOMC meeting two weeks ago, I think that's really when the bond market broke down," JPMorgan's Bob Michele said.

BUSINESS INSIDER 2h

The odds the US will avoid a recession may be dwindling, top economist Mohamed El-Erian says

Rapidly rising interest rates and signs pointing to the possibility that inflation rebounds pose a threat to soft landing forecasts.

• The top economist pointed to two trends that could help push the economy into a downturn.
• The New York Fed has priced in a 56% chance of a recession happening by September 2024.

BUSINESS INSIDER 4h

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

• Investors have been fleeing the bond market, causing long-dated bonds to lose 46% since March 2020, Bloomberg reported.

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