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10-year Treasury yield climbs above 5.3% to a level not seen in 24 years

122 points · 193 comments · kaycebasques

  1. whatever1 · · focus · HN ↗
    All countries somehow are struggling at the same time. I don’t think we have seen something like this in the recent history.

    Maybe we collectively just over-lend at very high interest rates and the real economy cannot anymore catch up with the promises?

    1. esalman · · focus · HN ↗
      Interest rates were historically low 3-4 years ago.
      1. whatever1 · · focus · HN ↗
        Sure but did the global economy roar in that period or did we just create inflation? The answer likely is the second. Aka most of our global investment did not create viable economic activity.
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