INVESTORS JUST PULLED MONEY FROM U.S. TREASURIES AT A HISTORIC PACE. Treasury ETFs saw one of the biggest weekly outflows on record, while the 10-year yield remains elevated. That’s a problem because the U.S. government needs constant demand for its debt. More selling can mean higher yields. Higher yields mean more expensive mortgages, business loans, and government borrowing. And with trillions of dollars of U.S. debt that need refinancing, even small increases in borrowing costs matter. The U.S. has more debt to finance than ever. Losing demand for that debt is the last thing it needs right now. H/t: ZeroHedge #USTreasuries #BondMarket #TreasuryYields #USDebt #BondYields #InterestRates #USMarkets #Economy #FederalReserve #Investing #Trading #MarketNews #Finance
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