Bond Market Has a Cow, Treasury Yields Spike across the Board, 10-Year Yield near 5%, 30-Year Yield at 5.37%
Lots of Bad Stuff all at once, topped off by Trump’s $1.35 Trillion Free-Money Promise, $5,000 for every adult American, at the worst possible time.
We haven't written up this one. Wolf Street has the full story — the link below goes straight to it.