10Y bond yields right now:
🇺🇸 USA: 4.70%
🇬🇧 UK: 5.08%
🇫🇷 France: 4.11%
🇯🇵 Japan: 2.91%
🇨🇳 China: 1.71%
🇨🇭 Switzerland: 0.47%
UK gilts are HIGHER than they were in August 2008. One month before Lehman went under.
Japan's 10Y nearly doubled since '08. The US 30Y just hit a 19