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Bill Dudley: ‘Financial crises take much longer than expected to arrive, but when they do, they come on much faster than one might have anticipated.’ www.bloomberg.com/opinion/arti...

bloomberg.comIgnore This Bond Market Slump at Your Own PerilLong term interest rates in the US have been heading higher. Yields on 10-year Treasury notes have risen almost half a percentage tojust under 4.70% this week. That’s the highest since January 2025. T...

21/5/26, 4:05 pm72 reposts210 likes

profsjw.bsky.social

@profsjw.bsky.social

21 May

A GOP president & Congress are again busting the budget, but this time it's of a whole other order, e.g., "he United States national debt-to-GDP ratio currently sits at approximately 123%, meaning the country's total borrowing exceeds the size of its entire economy." Epic economic disaster ahead.