The US Bond Market has now been in a drawdown for 53 months, by far the longest in history.
Discussion
The next major debt crisis is brewing, which could turn into a catastrophe here in Europe. There are no signs that politicians are willing or able to bring public budgets under control.
#economy #debt #debtcrisis #nostr #bitcoin
The long dated bond market’s bluff has been called. There is no compelling reason to buy 10 or 30 year bonds even at slightly higher rates if the money supply expansion will be much greater to service expanding debt. Money supply expansion > inflation > bond yields. People waking up and transitioning to #bitcoin