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But we saved everything 🙂.
Scott Lincicome highlights that a global bond selloff has pushed yields to their highest levels since 2008.
This surge signals increased investor concerns and changing dynamics in international debt markets.
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Lincicome previously reported that U.S. federal debt has surpassed $40 trillion, as government spending continues to outpace revenue. In an earlier article, he also noted that U.S. steel and aluminum firms were quietly satisfied after the collapse of a proposed framework deal with Canada. These developments provide additional context to ongoing shifts in markets and fiscal policy.