Schiff w/ Szafron: Bond Yields Signal the Biggest Crisis Yet - SchiffGold.com
Schiff w/ Szafron: Bond Yields Signal the Biggest Crisis Yet - SchiffGold.com
Source: SchiffGold.com
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DW NOTE
The 10-year yield has risen 27% in twelve months while the federal deficit runs 4% ahead of last year's pace and core PCE sits at 3.4%. Schiff's thesis isn't speculative — the bond market is already pricing the collision between structural deficits and persistent inflation. The crisis isn't coming; it's here in the yield curve.