[GOPJ]

10-Year Note Yield hits 4.70% for the first time since October 2007, now up 430 basis points since the March 2020 low. This comes with massive issuances of US Treasury bonds to cover deficit spending which are flooding bond markets and sending yields higher. JPMorgan’s Lebovitz: “If rates continue to rise the way they’ve been rising, there will be a financial accident.

The elephant in the room is hyper inflation - and that idiot Biden wants to run on this? It's not just Bidenomics anymore, it's Democratonomics...

[Godzilla]

We are in uncharted waters economically.