The Bond Market Chaos Is Coming for Us All
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
US Treasury Market is the most important financial market in the world. Barnun. Nothing is even close. Most of us don't participate in it directly. We don't go in the morning and buy treasury bonds, but treasure bonds do
define everything from how the stock market ends up performing to the cost of a mortgage. A carlon. A credit card. There is almost nothing financial. They do not touch.
And the US Treasury Market, it's been Looking a little weird lately. The cost of borrowing for the US government is going up. Probably because our debt recently passed$40 trillion, we now spend more on interest on that debt yearly than we spend on the entire defense budget. Also, Donald Trump has been more and more erratic. There's never been in history.
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