LEBANESE HODL on Nostr: CHAPTER 1 OF THE MANDIBLES. ...
CHAPTER 1 OF THE MANDIBLES.
quoting note1qqq…6mr8US UK Japan Germany are toast #bonds #yeild #bondstr
30 Year Bonds
UK 5.21%*
US 4.85%
Japan 2.30%**
*Highest since 1998.
**Highest since 2010.
The cost of debt is increasingly a standalone public finance issue in the UK, as illustrated today by the government having to pay 5.20%, the highest interest on record since the 1998 creation of the DMO, on its 30-year bond issuance.
Interest rates are SKYROCKETING:
The 10-year note yield is nearing 4.70% with mortgage rates on their way to 8%+.
Since the "Fed pivot" began just 111 days ago, interest rates are up more than +110 basis points.
This has NEVER happened before. So, what's next?
