High U.S. Public Debt Raises Risk of Treasury Market Stress - tokenpost.com
High U.S. Public Debt Raises Risk of Treasury Market Stress - tokenpost.com
Source: tokenpost.com
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DW NOTE
The Treasury market has absorbed $1.4 trillion in federal deficit spending through June while the 10-year yield climbed to 5.17% — a 23.7% rise year-over-year. Now add a closed Strait of Hormuz, a Fed hiking cycle, and the structural fact that someone has to keep buying. The risk isn't hypothetical market stress; it's that the buyer of last resort is already the Fed, and it's tightening.