US 10Y yield is almost sitting at a 24-year high.
Even during the 2008 financial crisis, the long-term yields were lower.
And what's surprising here is the total US debt.
24 years ago, US total debt was $6.1 trillion.
And today it's $40.1 trillion.
There's no way this is going to end well.
Even during the 2008 financial crisis, the long-term yields were lower.
And what's surprising here is the total US debt.
24 years ago, US total debt was $6.1 trillion.
And today it's $40.1 trillion.
There's no way this is going to end well.
