Monetary historian says US Treasury fragility points to sudden dollar shift - KITCO
Monetary historian says US Treasury fragility points to sudden dollar shift - KITCO
Source: KITCO
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DW NOTE
A monetary historian warning about Treasury fragility isn't breaking news — it's commentary on what the bond market has already said. The 10-year yield is at 4.69%, up 1.3% in a month, while the Fed sits at 3.75% and the US runs a $1.4 trillion deficit through June. The fragility isn't theoretical.