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#US30YYieldTops5.7% The bond market may be sending a bigger warning than the Fed đ
The 30Y yield hit 5.706%, its highest since 2002, while services remain in expansion and price pressures are rising again.
What caught my attention is that this isn't simply money fleeing US debt for somewhere safer. Global yields are under pressure too
If long rates stay this high without a recession, the real test shifts to borrowers: how long can governments, companies and households absorb expensive money
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