US government debt market collapse has started
This has MASSIVE implications for the economy
A thread 🧵 pic.twitter.com/woy4GFEsH6
— Game of Trades (@GameofTrades_) July 9, 2024
3/ Treasury bonds, typically 40% of an investor’s portfolio, have led to significant losses due to their sharp decline
— Game of Trades (@GameofTrades_) July 9, 2024
5/ Constantly rising government spending, financed by issuing more Treasury bonds, is a BIG problem
This has caused bond prices to drop significantly
— Game of Trades (@GameofTrades_) July 9, 2024
6/ Treasury bond issuance in 2024 is expected to hit $1.9 trillion
This level is higher than even the peak of the 2008 Financial Crisis levels pic.twitter.com/Ul3zj36NE7
— Game of Trades (@GameofTrades_) July 9, 2024