US in very deep trouble. Only knows how to print money πππ
Why a Rout in Government Bonds Is Worrying
U.S. 10-year Treasury yields have risen to their 230-year average for the first time since 2007, Deutsche Bank data shows,highlighting the challenge of adjusting to higher rates. Bond yields determine governments' funding costs, so the longer they stay high, the more they feed into the interest costs countries pay. That's bad news as government funding needs remain high. In Europe, slowing economies will limit how much governments can unwind fiscal support. But higher yields are welcome to central bankers, doing some of their work for them by raising market borrowing costs. U.S. financial conditions are at their most restrictive in nearly a year, a closely-watched Goldman Sachs index shows.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
10
Report
Login to post
No comments yet