It's not just stocks - high bond yields are also laying waste to commodities, currencies, and housing

• The Treasury bond market sell-off marks one of the worst crashes in history.
• High yields are hitting stocks, but other assets across financial markets are also reeling.
• Commodities, crypto, housing and foreign currencies have been slumping too.

Traders have been dropping long-duration US bonds in one of the worst collapses in market history, sending yields soaring towards levels not seen in decades.