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But we saved everything 🙂.
Willem Middelkoop highlights that the last 30-year U.S. Treasury to carry a 5 percent interest rate was sold in 2007, just before the global financial crisis and U.S. economic recession.
This context underlines the rarity of such high-yielding long-term government bonds in recent economic history.
Middelkoop recently reported that 81% of young Americans rate U.S. economic conditions as bad or terrible, according to a recent survey. He has also noted that copper, nickel, and zinc are making new highs, with expectations for rising inflation outlined in previous comments. These observations add context to current concerns about bond yields and economic sentiment.