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The yield on 30-year U.S. Treasury bonds has climbed above the key 5% threshold, levels not seen in nearly two decades. This has rekindled fears that government borrowing costs could spiral into a self-reinforcing shock, with traders bracing for a quicker surge as debt-service pressures intensify.
Schiff Warns of Faster Surge in Long-Term Yields
In Monday’s post on X, market commentator Peter Schiff warned that the pace of yield increases could accelerate significantly. He said, “The move from 5% to 6% will be much quicker than the move from 4% to 5%, and the move from 6% to 7% will be quicker still.”
Concerns Over Debt, Economic …
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