The 10-year is already sitting at 4.30% to 4.40% and markets are struggling to absorb it, so 6% is the point where the US government can no longer afford its own debt service on a $38 trillion balance sheet. And every mortgage, every corporate loan, and every emerging market borrowing from dollars goes into simultaneous crisis, that is a mathematical certainty.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.