🚨 US 10Y yield just hit 4.44%.

Highest in 8 months. 😶

Nobody is talking about this.

They should be.

Bond market breaking =

borrowing costs exploding =

$9 trillion debt refinancing becomes a nightmare.

This is the number Trump fears most.

More than Iran.

More than oil. 👀

When bonds break —

everything breaks.

Stocks. Real estate. Credit markets.

All priced off this one number.

4.44% today.

What's the number that breaks the system?

Gold and Bitcoin don't have bond yields.

That's the point.

#Bonds #USYield #Macro #Debt #Fed #Gold #Bitcoin #BreakingNews #markets