Is The Great US Debt Crisis About To Begin?
The yield on the 10-Year U.S. Treasury is about to break 5%.
As the below chart illustrates, this is a major level. Once we take it out, there’s little if any overhead resistance until 5.25% and then 6%.
(Click on image to enlarge)
The 10-Year U.S Treasury is the single most important bond in the world. It is the bond against which all long duration risk assets (real estate, tech stocks, etc) are priced. So if it collapses in a panic (meaning its yields skyrocket) then the ENTIRE financial system will panic.
Stocks are already completely disconnected from the realities of the bond market. They won’t be for much longer if bonds continue breaking down.
(Click on image to enlarge)
Is the Great U.S. Debt Crisis about to begin?
In 2000, the Tech Bubble burst.
In 2007, the Housing Bubble burst.
The U.S. Treasury bubble burst in 2022. And the crisis is now approaching.
Smart investors are already taking steps to prepare for this.
If you’ve yet to take steps to prepare for what’s coming, we just published a new exclusive special report How to Invest During This Bear Market.
It details the #1 investment to own during the bear market as well as how to invest to potentially generate life changing wealth when it ends.
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