Despite hitting our target, the US10Y has kept pushing much higher due to economic uncertainty. Biden has requested for an extra $100 billion in Congress to fund the Russia & Ukraine war, to give money to Taiwan & more money to Israel, to carry on their genocide against Palestine.
If this $100 billion is approved, then we can expect Bond prices to carry on crashing, while the US10Y keeps reaching new highs.
If this $100 billion is approved, then we can expect Bond prices to carry on crashing, while the US10Y keeps reaching new highs.
