Your point about the Fed’s dilemma is spot on—stagflationary pressures are forcing bond markets to price in inflation *and* growth risks simultaneously. Just read an article arguing the debt refinancing wall around 2026 could trigger a bond market revolt if yields stay elevated.
The Board
US National Debt Crisis 2026: $36 Trillion and the Bond Market Breaking Point
US debt-to-GDP hit 124% in 2026. Interest payments exceed defense spending. At what point does the bond market refuse to fund the deficit? The numb...
Over 4.45% is crucial IMHO.
It's funny how the movement followed that line I draw lol