Yields are crashing higher as financial system faces turmoil, Lyn Alden notes - Traders Union
Yields are crashing higher as financial system faces turmoil, Lyn Alden notes - Traders Union
Source: Traders Union
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DW NOTE
The Fed hiked into an inverted oil shock and got exactly what you'd expect: yields spiking as the market reprices deficit financing against constrained supply. The 10-year at 4.96% isn't a vote of confidence in stable inflation — it's bond vigilantes pricing in a government that spent $1.9 trillion it didn't have while the primary energy chokepoint stays shut.