Treasuries sink as sharp sell-off intensifies

Price changes: Traders work on the floor of the New York Stock Exchange. Hopes for a quick end to extreme volatility were dashed on Wall Street with stocks and bonds staging big reversals as the tariffs war rages on. — Bloomberg

NEW YORK: Treasuries sank for a third straight day with long-end yields rising most amid growing cracks in the haven status of US government debt.

The sell-off was sharpest in notes and bonds maturing in 10 to 30 years, where losses are amplified when yields climb.