The Rate Of Interest Shock Will Blow Up the Government’s Ponzi Game

In the international fixed-income markets, rates of interest are increasing, and the decades-long pattern of decreasing bond yields has actually unquestionably been broken. On August 2, 2022, the ten-year United States Treasury yield was 0.5 percent; on October 9, 2023, it had actually increased to 4.8 percent.

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