đ¨ US Bond Market is breaking đ¨
Todayâs 20-year Treasury auction was a disaster because buyers didnât show up
Yields spiked to 5.11%
Meanwhile, banks are buried under $500B+ in unrealized losses
Thatâs 7Ă worse than 2008!!!
The Fed will be forced to step in
The coming money creation will make every past QE cycle look like childâs play
The US has no choice:
Print or collapse
