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For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
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It's not really a "freak" event when the causes are blatantly clear and self-inflicted.
Just because we have chiselled abs and stunning features, it doesn't mean that we too can't not die in a freak gasoline fight accident.
I am very annoyed that this use of 'freak' and further corruption of the term 'black swan event' have just gotten completely common place.
A black swan event is supoosed to be something completely impossible to have been predicted before hand because you didn't have enough knowledge to even understand there was a kind of risk you were not accounting for.
An 'unknown unknown', to use the only useful idea Donald Rumsfeld ever came up with.
... This bond sell off is utterly predictable, unless you are completely brainwashed into a delusional level of normalcy bias and complacency.
All you have to do is realize the US is acting like an unstable dictatorship... which it very obviously is... and this is an easily predictable outcome for anyone with a decent knowledge of macroecon theory/history.