America’s Fiscal Reckoning Is Closer Than You Think
The 10-year yield recently jumped from below 4% to 4.5% within days. And the 30-year yield topped 5%, its largest three-day increase since 1982. As we’ll look at today, these are classic hallmarks of the beginning of a debt spiral. That means America’s fiscal reckoning is closer than you think. So, if you don’t already have a plan to protect yourself, now is the time to put one in place.
The 10-year yield recently jumped from below 4% to 4.5% within days. And the 30-year yield topped 5%, its largest three-day increase since 1982. As we’ll look at today, these are classic hallmarks of the beginning of a debt spiral. That means America’s fiscal reckoning is closer than you think. So, if you don’t already have a plan to protect yourself, now is the time to put one in place.