AutumnSun on Nostr: This is why Trump has been badgering the FED to lower rates, for years: The US debt ...
This is why Trump has been badgering the FED to lower rates, for years: The US debt servicing is exploding because we are no longer in a zero interest rate regime. We are around four percent, and rising due to the US/Iran war in the Gulf and the constriction of Hormuz raising prices on everything, forcing the central banks to intervene.
🍊 is as much of a strategic genious as Putin is, which is to say not at all.
Stock market are however still bouyant from the sweet amphetamine vapors of AI, Nvidia and all that.
This is all goung to blow up spectacularly. Question is ... When?
💥🤔
#economy #markets
The 30-year Treasury yield closed at 5.47%, the highest since 2004.
It closed under 1% in 2020.
