After US public debt surged by 275 billion USD in just one day. Bond yields across all maturities hit the highest peak in 16 years.
Spending deficit drives issuance of trillions of USD in bonds, intensifying the global sell-off wave. 30-year Treasury bond yields officially hit 5% yesterday, the highest in nearly two decades.
Viet Hustler is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
