opinion

Day 35: Higher Interest Rates Threaten the Future of Trump’s Economy - Schiff Gold

―

DW NOTE

The 10-year Treasury is at 4.54% — roughly where it stood before the pandemic, when the deficit was half the current size and the Fed's balance sheet was $3 trillion lighter. If that rate "threatens" Trump's economy, the problem isn't the rate. It's the $1.25 trillion borrowed in nine months to fund consumption the tax base cannot cover.

Read the full story at Schiff Gold →

QUESTION: Marty, Bessent is plainly no trader. As you’ve pointed out, he’s spent far too long in the company of market manipulators. I remember your warning that rolling debt into shorter maturities only deepens future fragility. And as you put it, it’s Groundhog Day on repeat. So the question is: d

10-Year Yield Hits Multi-Year High, Long Bond Tops 5.3 Percent, Oil Surges

It's not a good day in the markets, Here's a recap.

Day 35: Higher Interest Rates Threaten the Future of Trump’s Economy - Schiff Gold

Read more

The custody question: where are central banks storing gold? - OMFIF

Saudi Oil Exports Plunge as Spread of War Shuts Off Shipping Routes - The New York Times

Bessent & Sovereign Debt Crisis

10-Year Yield Hits Multi-Year High, Long Bond Tops 5.3 Percent, Oil Surges