The tweet was deleted by the author.
But we saved everything 🙂.
Mike Shedlock, author / blogger at MishTalk, highlights that the long bond yield is holding above the 5.0 percent level.
This observation points to continued elevated yields in the long-term bond market.
Shedlock has recently remarked that U.S. debt has again exceeded 100 percent of GDP. In a separate note, he discussed upward pressure on interest rates and market expectations for further Fed hikes. His latest comments add to these ongoing observations regarding debt levels and yields.