How the U.S. Treasury’s 5% Yield Made Everyone Fear the End of the World! 🚨💰

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What to know:

  • The U.S. 30-year Treasury yield poked its head above 5% for the first time since April 9—talk about a comeback! 🥳
  • Meanwhile, the UK has slyly overtaken China as the second biggest U.S. debt collector, leaving China and Japan shrinking their piles of cash as if playing a game of “Who Has Less?” 💸

Hold onto your hats, folks! The 30-year treasury bonds just crossed the 5% line — a milestone missed since April, when markets went bananas over tariffs, crypto crashed, and Bitcoin was dipping towards $75,000. Now it’s bouncing back like a rubber ball, trading around $103,000, after a cheeky Sunday jump to $106,000. 🎈

The last time yields roared past 5% was during that “tariff tantrum,” which sent stocks and crypto into a frenzy — kind of like a toddler with a sugar rush. And oh! Back then, Bitcoin was at its gloomy low, and now it’s feeling pretty peppy again, nearly at $106K! 💥

Jim Bianco, the wise owl of Bianco Research, explained that the last time yields were so high was way back on October 31, 2023, and that they are sniffing close to breaking the 2007 record, a mind-boggling 18 years ago! We are just 12 basis points away from that milestone — ooh, the suspense! 😱

Meanwhile, over in the land of tea and crumpets, the UK has sneaked past China and now holds $779.3 billion of American IOUs — just behind Japan, who’s still number one. Both China and Japan are reducing their debt collection efforts, turning into the U.S.’s debt-scrambling game. Meanwhile, the U.S. keeps digging itself into a bigger hole with more bonds, more deficits, and more reasons for markets to hold their breath. 🤡

And as this financial circus unfolds, Nasdaq futures are down about 2%, showing everyone’s a bit jittery—probably wishing they had a magic money tree or a time machine! 🎢

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2025-05-19 11:12