Big selling is hitting the bond market.

The rate rise in the ECB has been pressuring the bond market -- all of the European bond market is down at this point -- and that is starting to push its way into our bond market.

The rate rise in the ECB has been pressuring the Bund market -- all of the European bond market is down at this point -- and that is starting to push its way into our bond market.

There has been a lot of selling pressure on the bond markets recently. The Treasuries market is still in a pretty weak condition.

It started in the bond market which has been selling off aggressively in recent days,

It's a wake-up call for the bond market, ... The bond market was nervous to begin with that the goldilocks scenario wasn't panning out, and this report appears to confirms that.