> "Perhaps even more alarmingly, U.S. Treasury markets are also experiencing an incredibly aggressive selloff..."
> The largest holders of Treasurys are Japan, China and the U.K.,...
https://www.ft.com/content/0005e091-930d-46ff-9e81-8591704a9...
> "Hedge funds have trillions tied up in this kind of strategy,” he said. "As things spiral, they’re being forced to sell anything they can — even good assets — just to stay afloat . . . if the Federal Reserve doesn't step in soon, this could turn into a full-blown crisis. It’s that serious."
> One hedge fund manager said: "Those huge hedge funds with trillions of dollars of Treasuries relative value trades will blow up today if the Fed doesn’t bail them out."
https://www.marketwatch.com/story/all-eyes-turn-to-treasurys...
https://www.cnn.com/politics/live-news/trump-tariffs-cnn-tow...
I have a moderate understanding of finances, but for me this was the Siamese cats from the aristocats playing around the nuclear football