1994 bond market crisis (Ofer Abarbanel online library)

The 1994 bond market crisis or Great Bond Massacre was a very sudden, sharp drop in bond market prices across the developed world.[1][2] It began in the United States and Japan, and spread through the rest of the world.[3] Yields on 30-year Treasury bonds rose by about 200 basis points in the first nine months of the year.[4]


  1. ^Al Ehrbar (February 3, 2013). “The great bond massacre (Fortune, 1994)”. Fortune. Retrieved June 24, 2017.
  2. ^Michael Mackenzie (March 19, 2013). “Markets: The ghosts of ’94”. Financial Times. Retrieved June 24, 2017.
  3. ^Allan Mattich (December 29, 2010). “Investors Should Remember 1994”. Wall Street Journal. Retrieved June 24, 2017.
  4. ^Steven C. Johnson (March 18, 2013). “Fears of 1994 bond market flashback”. Reuters. Retrieved June 24, 2017.


Ofer Abarbanel online library