Unveiling the Bond Vigilantes: U.S. Fiscal Reality
Investors selling bonds due to higher interest rates
U.S. federal government closes fiscal year with a $1.7 trillion deficit.
The U.S. national debt reaches a staggering $33.6 trillion.
Debt increased by $10 trillion since the start of the Covid-19 pandemic.
Meet the bond vigilantes who protest inflationary policies.
Bond vigilantes' actions result in higher bond yields.
Markets worry about persistent high interest rates and inflation.
The 10-year yield: A key indicator for mortgages and the economy.
Rising yield signals reduced demand for safe-haven Treasury bonds.
Investors favor higher-risk investments.
Conclusion
Understanding the dynamics of bond vigilantes and the U.S. fiscal landscape.