Bond bloodbath and horrible liquidity

Long Time Ago Since We Heard Noise About "Liquidations" And "Blood Baths"...

But if it were to come from somewhere, this time it would be the bond markets..."We are hearing 10 to 20 different asset managers across the industry are being liquidated or are under review for liquidation due to interest rate derivatives, it's a bloodbath" (Gasparino / ConvertBond).

Vol Shock: Treasury Curve RMSE Has Risen To Its Highest Levels Since March 2020