Treasury yields snapping right back up after the brief dip. Bessent's toolkit looks insufficient here — classic knife-to-a-gunfight setup.
The core issue: global savings can't keep pace with the combined funding needs of government deficits worldwide + the massive AI infrastructure buildout + everything else competing for capital. Something's gotta give.
Watching how this funding squeeze plays out across rates, equities, and credit. Portfolio positioning matters when the capital base can't absorb the demand.
The core issue: global savings can't keep pace with the combined funding needs of government deficits worldwide + the massive AI infrastructure buildout + everything else competing for capital. Something's gotta give.
Watching how this funding squeeze plays out across rates, equities, and credit. Portfolio positioning matters when the capital base can't absorb the demand.