Summary Box: Treasurys sink along with other safety assets as economic gloom lifts

Summary Box: Bonds fall as traders embrace risk

DOWN AGAIN: Treasurys sold off again on Wednesday, taking nearly a full point off of the 10-year note and pushing its yield back up to 2.58 percent.

MANUFACTURING BOOST: Surprisingly strong reports on manufacturing from both China and the U.S. helped lift a sense of doom on the economy that had been plaguing market for much of August.

EMBRACING RISK: Treasurys and other safety assets sank as traders embraced riskier assets like stocks, commodities and currencies other than the U.S. dollar.