The tweet was deleted by the author.
But we saved everything 🙂.
Peter Schiff, CEO and chief global strategist of Euro Pacific Capital, highlights concerns about the rising yield on the 30-year U.S. Treasury, which currently stands at 5.05%. Schiff notes this level is close to a 19-year high and draws attention to the U.S. national debt, which has grown from $9 trillion in 2007 to over $39 trillion now.
He further questions the potential consequences if the yield climbs to 8%, referencing that the last time this occurred in 1991, the national debt was just $3 trillion.
Schiff has recently warned that U.S. 30-year Treasury yields moving above 5% could signal escalating risks for the economy, highlighting the speed of recent increases in yields in a prior statement. He has also commented on rising demand for gold and silver, linking price surges to shifts in investor sentiment during geopolitical tensions such as the conflict in Iran in a separate analysis. Schiff’s remarks reflect his ongoing attention to both debt market pressures and safe-haven asset moves.