1994 bond market crisis
The 1994 bond market crisis or Great Bond Massacre saw a very sudden and sharp drop in bond market prices across the developed world.[1][2] It started in the U.S. and Japan and then spread through the rest of the world.[3] Yields on 30-year Treasuries rose by about 200 basis points in the first nine months of the year.[4]
References
- ^ Al Ehrbar (February 3, 2013). "The great bond massacre (Fortune, 1994)". Fortune. Retrieved June 24, 2017.
- ^ Michael Mackenzie (March 19, 2013). "Markets: The ghosts of '94". Financial Times. Retrieved June 24, 2017.
- ^ Allan Mattich (December 29, 2010). "Investors Should Remember 1994". Wall Street Journal. Retrieved June 24, 2017.
- ^ Steven C. Johnson (March 18, 2013). "Fears of 1994 bond market flashback". Reuters. Retrieved June 24, 2017.