Good Morning Goldies!
I have two things for you today. The first is a youtube video which is very interesting regarding 10 UST’s and the interest rate that makes things get interesting, spoiler, it’s 5% on the 10 year US Govt Bond. Highly recommend this video
https://www.youtube.com/watch?v=xmXs8LODkcU
Next, here’s an article, and what the Fed will use to defend the maginot line of 5%, currency swaps. Like the one they just did with the UAE, but more are coming I am sure.
https://jaymartin.substack.com/p/the-first-domino-has-fallen