🚨EVERYONE IS FOCUSED ON OIL PRICES, BUT SOMETHING WORSE IS HAPPENING BEHIND THE SCENES.
Since the onset of the US-Iran war, global bond yields have surged to multi-year highs across several major economies: $SAHARA
UK 10Y: 4.93% (Highest since the 2008 financial crisis)
Australia 10Y: 5.06% (Highest since 2011)
Japan 10Y: 2.26% (Approaching an all-time high)
Europe 10Y: 2.97% (A 2.5-year peak)
France 10Y: 3.66% (Highest in 14 years)
US 10Y: 4.29% (Highest in 8 months)
Why This Is Concerning
Historically, such rapid increases in bond yields serve as a primary warning sign of an impending recession. This trend is reinforced by a troubling combination of current economic indicators: $SIGN
Accelerating Inflation: Prices continue to climb sharply.
Stagnating Growth: GDP figures are on a downward trajectory.
Geopolitical Instability: Global tensions remain on the rise. $NIGHT
And all these mean only one thing: WE ARE IN ENDGAME NOW.