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🚨“Bond King”冈拉克 sounds the alarm! Could the next U.S. recession spark a fiscal crisis instead?

😱 Will the traditional safe-haven logic fail? CEO of Double Line Capital 冈拉克 delivers a shocking take: the next U.S. economic recession may no longer come with bond safe-haven buying pressure. Instead, it could trigger a debt crisis—and long-term U.S. Treasury yields could surge dramatically! After decades of “bond safe-haven” belief, is it about to be overturned?

📉 He is closely watching low-duration assets to withstand the impact of further interest-rate increases. What’s even more thought-provoking is that he predicts the U.S. government may intensify intervention in the bond market—from the Fed “replaying” its Twist Operation, to even discussing debt restructuring and cutting coupon payments on existing outstanding bonds. Who would have dared to imagine this script!

💥 冈拉克 is blunt: once a recession hits, fiscal policy will become the focus. The budget deficit could easily climb to 12% of GDP. Annual interest expense is about $3 trillion—who can handle that? Is the market logic about to be rewritten entirely?

🤔 Crypto friends, if U.S. Treasuries are no longer “safe havens,” where will the money go? Can the crypto market absorb the spillover effect? Is the bear market still here? Share your thoughts in the comments!👇
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