Bad news: Rates Spike To 7 Year Highs. Good news: Economy Strong

Rates, Bond Market, Economy

• Rates Surge To 7 Year Highs(mortgagenewsdaily.com)
• Rates Spike Today After Worst Bond Selloff In Nearly 2 Years(housingnewsletters.com)
• Treasuries Selloff Pushes 10-year Yield Highest Since 2011 (bloomberg.com)
• Bill Gross Blames Hedging Costs As Bond Rout Deepens(bloomberg.com)
• One upside of bond selloff: economy doing better(wsj.com)
• Rates spike on ebullient economic data(ft.com)