🌍 Global debt crisis is intensifying

Yields on US, Japan, Germany, France, Australia, the UK, and South Korea government bonds have reached record highs 🔼

With public debt of over $40 trillion, the US pays about $401 billion annually for each 1% in Treasury yields. Currently, the 30-year bond yield is 5.5%, and the 10-year yield is 5.16%.

💬 Washington is actively looking for ways to lower yields, and as soon as that happens, the markets will receive the liquidity they need.
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