Market Extra: Fed is biggest loser on 30-year bonds trading at less than 50 cents on the dollar

The 30-year bond, one of the safest securities the Treasury market has to offer, is getting crushed via a selloff over the past two weeks that’s drawn comparisons to the losses seen in U.S. equities during the dot-com bust and the 2007-2009 financial crisis. Long bonds issued in May and August of…

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