🚨 THE U.S. BOND MARKET IS FLASHING A MAJOR WARNING.
While stocks keep hitting all-time highs, Treasury yields continue surging higher across the curve.
📈 30Y Yield: above 5%
📈 20Y Yield: above 5%
📈 10Y Yield: above 4.5%
Stocks are pricing in: • endless AI growth
• strong earnings
• economic resilience
Meanwhile, the bond market is focused on: • persistent inflation
• massive government deficits
• high oil prices
• long-term borrowing risks
Historically, when stocks and bonds send completely opposite signals, investors pay very close attention to the bond market.
The disconnect between equities and bonds is becoming impossible to ignore.