The global yield crisis is accelerating:
10+ year government bond yields of G7 countries are up to ~4.7%, the highest since 2004.
This is now ~0.5 percentage points above the 2008 Financial Crisis peak.
G7 bond yields are also 8 TIMES above the 2020 pandemic low of ~0.5%.
The surge comes amid renewed inflationary pressures from rising energy prices, persistently large government deficits, and the end of central bank QE programs.
As a result, investors are demanding higher compensation for holding long-term government debt.
The global government debt crisis is becoming even more expensive.
• The Guaranteed Phase is now live
• The First-Come, First-Served phase begins at 8:00 PM UTC
The ancient stone glows. The throne opens to the worthy.
⛓️ https://t.co/f1PnvToVVs
#BingXBuzz 🚨
🏛 SEC's Paul Atkins confirms Token Taxonomy guidance is coming to reinforce U.S. digital asset leadership
📈 Tokenized funds market cap hits a new ATH above $17B
🏦 Denmark's largest bank, Danske Bank, ends its 8-year crypto ban and now offers BTC & ETH ETPs to clients
The Meteora just hit and opened the gates to a royal social gathering spot for kings
https://t.co/jfkTODN0cG
OG role available for a limited time
be early, Kings! 👑