Short-Term Bond Market Roiled by Panic Selling
Many traders are selling what they can, not what they want to sell
Short-term bonds typically act as a haven in turbulent times. But debt maturing in three years or less has been routed in recent days, punishing investors in markets ranging from corporate bonds to asset-backed debt.
Read more here: https://www.wsj.com/articles/short-term-bond-market-roiled-by-panic-selling-11584542633