‘Dude, Get Back to Your Desk’: The Week That Roiled Bond Markets

  • One trader forced himself to stay calm around pregnant wife
  • ‘I could not sleep well,’ says economist who brought PC to bed
Pimco’s Sundstrom Says Markets May Be Rushing Pricing of Rate Hikes
Lock
This article is for subscribers only.

Thomas Costerg doesn’t usually go to bed with a computer, but he couldn’t help himself Thursday night after what had just happened in the Treasury market.

“I could not sleep well,” said the senior U.S. economist at Pictet Wealth Management in Geneva. “These were quite extreme moves.”