🚨 BOND MARKET WARNING

🇺🇸 The U.S. 10Y Treasury yield just broke above 4.50% for the first time since June 2025.

Meanwhile:

📈 30Y yield hits 5.00%

🏠 Mortgage rates near 7%

🔥 Inflation back at multi-year highs

⚠️ Why this matters:

Higher yields = tighter financial conditions

That means:

• More pressure on stocks

• More expensive borrowing

• Rising stress on consumers & government debt

📊 Important reminder:

Last time the 10Y hit this level, the Trump administration paused tariffs after markets reacted violently.

🧠 The bond market is once again forcing policymakers into a corner.

❓What breaks first this time?

• Rate-cut expectations?

• Equity markets?

• Fiscal policy?

• The economy itself?

#Macro #Bonds #Inflation #markets

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