Concerns over rising inflation, continuing war with Iran, and the US’s record national debt have shaken the market
Americans who have been grappling with the higher cost of living over the last few years now face another issue: trouble in the US bond market that could mean elevated costs are here to stay.
US government bonds – known as treasurys – are supposed to be the most stable type of investment vehicle. But investor concerns over issues including rising inflation, the continuing war with Iran, and the US’s record national debt have shaken the market and slowed demand for US treasury bonds.
Loans for homes, cars and credit cards, along with money businesses borrow to keep things running, could get more expensive if the sell-off in the bond market continues.
Lol of course higher prices will stay. Once it goes up they dont come down.
Economy is doing poorly? Higher prices. Economy does well? Believe it or not, higher prices.
Profits are down? Layoffs. Profits are up? Layoffs.
Send in the military
Blowing up children in developing nations will get us out of this mess!
No silly, we bomb the bond market. If a few hundred children get killed, they shouldn’t have been at the bond market.
Canada currently holds almost $400 billion in US treasury bonds, I strongly argue that we need to sell off that entire liability.
News at 6 pm - Incompentent Grand Old Pedo assholes profit off ruining economies, while claiming to be the party of “fiscal responsibility.”
Wait - were we thinking that the prices would eventually go down? When has that ever happened? Once they’re up, they stay. Stop deluding yourselves.
