What’s Behind the Bond Market Rollercoaster

On today’s Big Take podcast, Stacey Vanek Smith and Bloomberg Opinion’s John Authers unpack the bond market rollercoaster: a sell-off, the highest US 30-year bond yields since the financial crisis — and a sudden intervention.

Read more: The 30-Year Itch Comes for Bonds — and Brazi

Further listening: What Higher Bond Yields Mean for Markets and Everyday Borrowers (Big Take Podcast)

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by Stacey Vanek Smith; Produced by Rachael Lewis-Krisky and Victor Swezey; Guest: John Authers; Fact-checking by the Big Take team; Engineering by Zoltan Sindhu and Alex Sugiura. Senior Producer and editor: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

See omnystudio.com/listener for privacy information.