#kospipostsworstquartersince2020 THE 30-YEAR TREASURY PRICE INDEX HAS DROPPED 60 PERCENT SINCE 2020
.
It now matches its lowest level
since 2000 and has erased nearly 20 years of gains in six years. US nominal GDP rose 63 percent over the same period. The prior worst
drawdown in four decades was 35 percent during the 2008 crisis. Yields have climbed 478 basis points from the March 2020 low.
The US government pays sharply higher interest on its growing debt pile. That extra cost lands on future budgets, taxes or spending cuts.$FIGHT $JASMY $AIN
.
It now matches its lowest level
since 2000 and has erased nearly 20 years of gains in six years. US nominal GDP rose 63 percent over the same period. The prior worst
drawdown in four decades was 35 percent during the 2008 crisis. Yields have climbed 478 basis points from the March 2020 low.
The US government pays sharply higher interest on its growing debt pile. That extra cost lands on future budgets, taxes or spending cuts.$FIGHT $JASMY $AIN
