no one in their right mind wants to lend money to a criminally corrupt, bankrupt government ....
$2-$3 Trillion per year in Fed.gov deficits is finally giving the world pause.
Not just that, but we're talking about supply and demand. Supply for US Treasuries are off the charts high with the U.S. gov printing more and more money. Meanwhile demand is down with the Federal Reserve lowering their balance sheet (not buying new treasuries to replace the old ones after they mature).