AI Will Kill Us in 10 Years, but Bond Market Will Do It 'Next Week,' Says Strategist As Treasury Yields Hit 24-Year Highs
The 10- and 30-year Treasury yields hit their highest levels since 2002, and Peter Schiff warns the national debt is about to get costly.
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Why It Matters
Interest rates on government bonds just hit their highest level in over 20 years. This means the government will pay more money to borrow, which affects the whole economy.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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